Avidian Wealth Enterprises LLC Acquires 2,638 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Avidian Wealth Enterprises LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 0.6% in the 3rd quarter, Holdings Channel reports. The fund owned 435,514 shares of the company’s stock after purchasing an additional 2,638 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for 1.0% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 20th biggest position. Avidian Wealth Enterprises LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $22,024,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPHD. Pathway Financial Advisers LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter worth $26,000. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock worth $28,000 after buying an additional 499 shares during the period. Castleview Partners LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the third quarter. Castleview Partners LLC now owns 899 shares of the company’s stock worth $45,000 after buying an additional 589 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 2nd quarter valued at approximately $52,000. Finally, Future Financial Wealth Managment LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at approximately $56,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.8 %

NYSEARCA:SPHD opened at $49.99 on Wednesday. The company has a market cap of $3.34 billion, a P/E ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $38.26 and a twelve month high of $51.07. The business has a 50 day moving average price of $50.05 and a two-hundred day moving average price of $47.07.

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.