AlphaStar Capital Management LLC Buys 999 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

AlphaStar Capital Management LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 6.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 15,693 shares of the company’s stock after purchasing an additional 999 shares during the quarter. AlphaStar Capital Management LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $758,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Armstrong Advisory Group Inc. acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter worth about $34,000. Castleview Partners LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the third quarter. Castleview Partners LLC now owns 899 shares of the company’s stock worth $45,000 after buying an additional 589 shares during the last quarter. Crews Bank & Trust bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth about $101,000. PDS Planning Inc acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth approximately $207,000. Finally, Harbour Investments Inc. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% in the third quarter. Harbour Investments Inc. now owns 4,216 shares of the company’s stock valued at $213,000 after acquiring an additional 202 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Price Performance

NYSEARCA SPHD opened at $48.73 on Friday. The stock’s 50 day simple moving average is $48.77 and its 200 day simple moving average is $49.25. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $40.84 and a one year high of $51.89. The firm has a market cap of $3.25 billion, a PE ratio of 17.13 and a beta of 0.64.

About Invesco S&P 500 High Dividend Low Volatility ETF

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco.