Portland Financial Advisors Inc Purchases New Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Portland Financial Advisors Inc acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 13,522 shares of the company’s stock, valued at approximately $653,000. Invesco S&P 500 High Dividend Low Volatility ETF comprises 1.8% of Portland Financial Advisors Inc’s holdings, making the stock its 13th largest holding.

Other institutional investors also recently modified their holdings of the company. Pathway Financial Advisers LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at $29,000. 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 $34,000. Crews Bank & Trust acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at about $101,000. IFP Advisors Inc increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 116.2% in the fourth quarter. IFP Advisors Inc now owns 3,974 shares of the company’s stock valued at $192,000 after acquiring an additional 2,136 shares during the period. Finally, PDS Planning Inc acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth about $207,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.4 %

NYSEARCA SPHD opened at $50.20 on Monday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $41.92 and a 1-year high of $51.89. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The stock’s 50 day moving average is $48.61 and its two-hundred day moving average is $49.45.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.