Washington Trust Bank Makes New $683,000 Investment in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Washington Trust Bank bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,144 shares of the company’s stock, valued at approximately $683,000.

Other institutional investors also recently added to or reduced their stakes in 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 approximately $29,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $34,000. Crews Bank & Trust acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $101,000. Providence First Trust Co acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at $121,000. Finally, US Bancorp DE boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% during the fourth quarter. US Bancorp DE now owns 2,696 shares of the company’s stock valued at $130,000 after acquiring an additional 306 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.7 %

Shares of SPHD stock opened at $49.66 on Friday. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 18.96 and a beta of 0.85. The firm has a 50-day moving average price of $49.31 and a 200 day moving average price of $49.65. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $42.03 and a twelve month high of $51.89.

Invesco S&P 500 High Dividend Low Volatility ETF 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.