Commonwealth Equity Services LLC Has $14.30 Million Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Commonwealth Equity Services LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 296,020 shares of the company’s stock after acquiring an additional 8,447 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.44% of Invesco S&P 500 High Dividend Low Volatility ETF worth $14,301,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at $28,987,000. Fourpath Capital Management LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at $13,805,000. Kingsview Wealth Management LLC raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1,712.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 80,522 shares of the company’s stock valued at $3,890,000 after buying an additional 76,080 shares during the period. Sovran Advisors LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $3,163,000. Finally, SteelPeak Wealth LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 243.5% during the 4th quarter. SteelPeak Wealth LLC now owns 74,906 shares of the company’s stock worth $3,619,000 after acquiring an additional 53,100 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Price Performance

NYSEARCA:SPHD opened at $50.22 on Tuesday. The stock has a market cap of $3.51 billion, a PE ratio of 18.96 and a beta of 0.85. 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 stock’s 50-day moving average is $49.12 and its two-hundred day moving average is $49.64.

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.