Northwestern Mutual Wealth Management Co. Purchases 284,328 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1,036.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 311,768 shares of the company’s stock after acquiring an additional 284,328 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $15,843,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPHD. Horizon Investments LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter valued at approximately $44,000. Bessemer Group Inc. raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% in the third quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the last quarter. MAI Capital Management raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% in the third quarter. MAI Capital Management now owns 1,223 shares of the company’s stock valued at $60,000 after acquiring an additional 579 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter valued at approximately $68,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $81,000.

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

NYSEARCA:SPHD opened at $49.99 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $46.38 and a 1 year high of $53.07. The firm has a 50 day moving average of $49.61 and a 200-day moving average of $49.43. The stock has a market capitalization of $3.29 billion, a P/E ratio of 15.77 and a beta of 0.62.

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.