Invesco S&P 500 High Dividend Low Volatility ETF $SPHD Shares Acquired by Meritage Portfolio Management

Meritage Portfolio Management grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 48.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,464 shares of the company’s stock after buying an additional 11,617 shares during the quarter. Meritage Portfolio Management’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,754,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of 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 worth $87,000 after acquiring an additional 1,399 shares during the last quarter. Crews Bank & Trust increased its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 22.1% in 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 period. N.E.W. Advisory Services LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7.6% in the third quarter. N.E.W. Advisory Services LLC now owns 3,665 shares of the company’s stock valued at $181,000 after buying an additional 259 shares during the last quarter. PDS Planning Inc acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $204,000. Finally, Armbruster Capital Management Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $205,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.3%

SPHD opened at $49.56 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 $51.60. The business has a 50 day moving average price of $48.17 and a two-hundred day moving average price of $48.48. The company has a market cap of $3.13 billion, a PE ratio of 15.77 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.