Cowa LLC Sells 833 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Cowa LLC lessened its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 6.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,645 shares of the company’s stock after selling 833 shares during the period. Cowa LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 22.0% during the 1st quarter. LPL Financial LLC now owns 2,779,602 shares of the company’s stock valued at $139,619,000 after acquiring an additional 500,835 shares during the period. Bank of America Corp DE increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.3% in the fourth quarter. Bank of America Corp DE now owns 1,136,780 shares of the company’s stock valued at $54,918,000 after acquiring an additional 14,506 shares during the period. Royal Bank of Canada boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% during the fourth quarter. Royal Bank of Canada now owns 1,131,229 shares of the company’s stock worth $54,650,000 after acquiring an additional 16,632 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 20.4% in the fourth quarter. Ameriprise Financial Inc. now owns 704,294 shares of the company’s stock worth $34,023,000 after buying an additional 119,542 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $28,987,000.

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

SPHD stock opened at $48.71 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $43.39 and a 52 week high of $51.89. The firm has a market capitalization of $3.14 billion, a P/E ratio of 15.77 and a beta of 0.85. The company has a fifty day simple moving average of $48.09 and a two-hundred day simple moving average of $48.21.

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.