Crescent Grove Advisors LLC Acquires 853 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Crescent Grove Advisors LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 10.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,084 shares of the company’s stock after purchasing an additional 853 shares during the period. Crescent Grove Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $439,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in SPHD. LPL Financial LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% during the third quarter. LPL Financial LLC now owns 1,925,125 shares of the company’s stock valued at $97,354,000 after acquiring an additional 40,576 shares during the period. Franklin Resources Inc. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 0.5% during the third quarter. Franklin Resources Inc. now owns 674,688 shares of the company’s stock valued at $33,977,000 after acquiring an additional 3,308 shares during the period. Avidian Wealth Enterprises LLC increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 435,514 shares of the company’s stock valued at $22,024,000 after acquiring an additional 2,638 shares during the period. Bank of Montreal Can increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% during the third quarter. Bank of Montreal Can now owns 328,211 shares of the company’s stock valued at $16,539,000 after acquiring an additional 42,820 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% during the third quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock valued at $14,534,000 after acquiring an additional 4,476 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.3 %

Shares of SPHD opened at $48.66 on Monday. 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 firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The stock’s 50-day moving average price is $49.22 and its 200 day moving average price is $49.10.

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.