Pinnacle Wealth Management Group Inc. Buys 2,093 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Pinnacle Wealth Management Group Inc. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,176 shares of the company’s stock after purchasing an additional 2,093 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for about 1.5% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 22nd biggest holding. Pinnacle Wealth Management Group Inc. owned approximately 0.09% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Luminist Capital LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at approximately $68,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 330.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,822 shares of the company’s stock valued at $87,000 after purchasing an additional 1,399 shares during the last quarter. Cooksen Wealth LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter valued at approximately $109,000. Crews Bank & Trust lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 22.1% during the second quarter. Crews Bank & Trust now owns 2,565 shares of the company’s stock valued at $122,000 after purchasing an additional 465 shares during the last quarter. Finally, AE Wealth Management LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 18.7% during the first quarter. AE Wealth Management LLC now owns 2,915 shares of the company’s stock valued at $146,000 after purchasing an additional 460 shares during the last quarter.

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

Shares of SPHD opened at $48.62 on Friday. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $43.39 and a fifty-two week high of $51.89. The firm has a 50 day moving average price of $49.02 and a 200-day moving average price of $48.11.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.