Patten Group Inc. Acquires 3,123 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Patten Group Inc. boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,013 shares of the company’s stock after purchasing an additional 3,123 shares during the quarter. Patten Group Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,208,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $29,000. Armstrong Advisory Group Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at $34,000. Crews Bank & Trust bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $101,000. Providence First Trust Co bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth approximately $121,000. Finally, US Bancorp DE boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% during the 4th quarter. US Bancorp DE now owns 2,696 shares of the company’s stock worth $130,000 after purchasing an additional 306 shares in the last quarter.

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

Shares of NYSEARCA SPHD opened at $50.59 on Tuesday. The stock has a market capitalization of $3.47 billion, a P/E ratio of 19.48 and a beta of 0.87. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $42.03 and a 1 year high of $51.89. The company has a 50-day moving average price of $48.84 and a 200-day moving average price of $49.56.

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.