Sigma Planning Corp Trims Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Sigma Planning Corp lowered its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,800 shares of the company’s stock after selling 483 shares during the period. Sigma Planning Corp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $29,000. Armstrong Advisory Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $34,000. Crews Bank & Trust purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $101,000. PDS Planning Inc acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth approximately $207,000. Finally, Harbour Investments Inc. boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% during the third quarter. Harbour Investments Inc. now owns 4,216 shares of the company’s stock worth $213,000 after acquiring an additional 202 shares during the last quarter.

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

Shares of SPHD opened at $50.29 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $41.92 and a fifty-two week high of $51.89. The company has a market capitalization of $3.36 billion, a PE ratio of 17.13 and a beta of 0.64. The stock has a fifty day moving average of $48.61 and a two-hundred day moving average of $49.45.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.