Wexford Capital LP bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 22,319 shares of the company’s stock, valued at approximately $942,000.
A number of other hedge funds have also modified their holdings of the stock. Royal Bank of Canada boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 39.0% in the first quarter. Royal Bank of Canada now owns 1,681,367 shares of the company’s stock worth $79,378,000 after buying an additional 471,622 shares during the period. Private Advisor Group LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth $19,479,000. Silicon Valley Capital Partners acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth $15,812,000. Bank of America Corp DE boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 13.9% in the fourth quarter. Bank of America Corp DE now owns 2,326,290 shares of the company’s stock worth $101,961,000 after buying an additional 284,582 shares during the period. Finally, Morgan Stanley boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% during the fourth quarter. Morgan Stanley now owns 4,452,009 shares of the company’s stock valued at $195,132,000 after purchasing an additional 274,700 shares during the last quarter.
Invesco S&P 500 High Dividend Low Volatility ETF Price Performance
SPHD traded up $0.09 during trading on Monday, reaching $40.64. 166,117 shares of the stock traded hands, compared to its average volume of 707,607. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 14.28 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $38.33 and a fifty-two week high of $46.29. The stock’s 50-day simple moving average is $41.54 and its two-hundred day simple moving average is $41.40.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 High Dividend Low Volatility ETF
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Oil Jumps, 2 Plastic Stocks About To Become Value Plays
- How to Invest in Renewable Energy
- The Top 5 Analysts Calls in September
- How to Invest in the FAANG Stocks
- These are the Top 3 Sectors for 3rd Quarter Profit Growth
Want to see what other hedge funds are holding SPHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD – Free Report).
Receive News & Ratings for Invesco S&P 500 High Dividend Low Volatility ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 High Dividend Low Volatility ETF and related companies with MarketBeat.com's FREE daily email newsletter.