Stifel Financial Corp Trims Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Stifel Financial Corp lowered its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 0.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 121,705 shares of the company’s stock after selling 945 shares during the period. Stifel Financial Corp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $6,155,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Creative Planning raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% during the 2nd quarter. Creative Planning now owns 8,486 shares of the company’s stock valued at $377,000 after buying an additional 3,285 shares during the last quarter. SteelPeak Wealth LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at about $1,103,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 3.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 203,790 shares of the company’s stock valued at $9,054,000 after buying an additional 6,929 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at about $619,000. Finally, Delos Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 9.4% during the 2nd quarter. Delos Wealth Advisors LLC now owns 60,097 shares of the company’s stock valued at $2,670,000 after buying an additional 5,186 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.2 %

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $49.41 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $40.84 and a twelve month high of $51.89. The business has a 50-day moving average price of $50.39 and a 200 day moving average price of $48.20. The firm has a market cap of $3.30 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.