Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Purchased by Fortis Group Advisors LLC

Fortis Group Advisors LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 244.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 95,639 shares of the company’s stock after buying an additional 67,893 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $4,804,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 11.3% in the 4th quarter. HighTower Advisors LLC now owns 34,148 shares of the company’s stock worth $1,650,000 after buying an additional 3,480 shares in the last quarter. Tocqueville Asset Management L.P. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.7% in the 4th quarter. Tocqueville Asset Management L.P. now owns 14,529 shares of the company’s stock worth $702,000 after buying an additional 240 shares in the last quarter. Washington Trust Bank bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth $683,000. Runnymede Capital Advisors Inc. bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth $542,000. Finally, LPL Financial LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 18.4% in the 4th quarter. LPL Financial LLC now owns 2,278,767 shares of the company’s stock worth $110,087,000 after buying an additional 353,642 shares in the last quarter.

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

SPHD opened at $48.23 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $43.39 and a one year high of $51.89. The stock’s fifty day moving average is $47.64 and its 200-day moving average is $48.20. The company has a market capitalization of $3.18 billion, a PE ratio of 15.77 and a beta of 0.85.

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.