Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stock Position Reduced by RDA Financial Network

RDA Financial Network decreased its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,387 shares of the company’s stock after selling 1,200 shares during the quarter. RDA Financial Network’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,275,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Armstrong Advisory Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $34,000. Grandview Asset Management LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth about $213,000. Pinnacle Wealth Management Group Inc. boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% in the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 59,166 shares of the company’s stock valued at $2,858,000 after acquiring an additional 2,664 shares during the period. Miracle Mile Advisors LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $515,000. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $590,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 1.2 %

Shares of NYSEARCA SPHD opened at $48.51 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $40.84 and a 12-month high of $51.89. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The stock’s 50 day simple moving average is $49.40 and its 200 day simple moving average is $48.85.

Invesco S&P 500 High Dividend Low Volatility ETF Profile

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.