Finward Bancorp Purchases New Shares in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Finward Bancorp purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,987 shares of the company’s stock, valued at approximately $531,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE boosted its holdings 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 worth $130,000 after purchasing an additional 306 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,133 shares of the company’s stock valued at $924,000 after buying an additional 2,161 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 160,632 shares of the company’s stock worth $7,760,000 after acquiring an additional 6,623 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 3.7% during the fourth quarter. JPMorgan Chase & Co. now owns 298,021 shares of the company’s stock worth $14,397,000 after acquiring an additional 10,612 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 11.3% during the fourth quarter. HighTower Advisors LLC now owns 34,148 shares of the company’s stock valued at $1,650,000 after purchasing an additional 3,480 shares during the last quarter.

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

Shares of NYSEARCA SPHD opened at $46.94 on Wednesday. The business has a 50 day simple moving average of $48.96 and a 200 day simple moving average of $49.35. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $42.03 and a 52 week high of $51.89. The stock has a market cap of $3.34 billion, a price-to-earnings ratio of 19.00 and a beta of 0.72.

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.