Pacific Financial Group Inc. Purchases New Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Pacific Financial Group Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,800 shares of the company’s stock, valued at approximately $758,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 5.9% during the third quarter. Bank of America Corp DE now owns 1,175,362 shares of the company’s stock worth $58,122,000 after purchasing an additional 65,443 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 10.3% during the second quarter. Raymond James Financial Inc. now owns 755,806 shares of the company’s stock worth $35,946,000 after purchasing an additional 70,284 shares during the last quarter. Franklin Resources Inc. lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.8% during the third quarter. Franklin Resources Inc. now owns 716,017 shares of the company’s stock worth $35,407,000 after purchasing an additional 12,356 shares during the last quarter. Two Sigma Investments LP bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth $34,348,000. Finally, Wells Fargo & Company MN lifted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 643,258 shares of the company’s stock worth $30,876,000 after purchasing an additional 12,629 shares during the last quarter.

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

NYSEARCA SPHD opened at $51.07 on Wednesday. The business has a fifty day moving average price of $49.89 and a two-hundred day moving average price of $49.76. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $46.58 and a fifty-two week high of $53.07. The stock has a market capitalization of $3.36 billion, a PE ratio of 15.77 and a beta of 0.61.

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.