WMG Financial Advisors LLC Invests $730,000 in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

WMG Financial Advisors LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,103 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SPHD. Creative Planning increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 43.7% in the 3rd quarter. Creative Planning now owns 12,192 shares of the company’s stock worth $617,000 after purchasing an additional 3,706 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 21.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,949 shares of the company’s stock worth $553,000 after purchasing an additional 1,901 shares during the last quarter. PDS Planning Inc bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth about $207,000. Avidian Wealth Enterprises LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 435,514 shares of the company’s stock worth $22,024,000 after purchasing an additional 2,638 shares during the last quarter. Finally, Verity Asset Management Inc. bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at about $1,676,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.1 %

Shares of NYSEARCA:SPHD opened at $50.59 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $42.03 and a fifty-two week high of $51.89. The firm has a 50-day simple moving average of $48.84 and a 200 day simple moving average of $49.56. The company has a market cap of $3.47 billion, a PE ratio of 19.48 and a beta of 0.87.

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.