IAM Advisory LLC Sells 3,284 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

IAM Advisory LLC lessened its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 18.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,847 shares of the company’s stock after selling 3,284 shares during the quarter. IAM Advisory LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $717,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SPHD. Creative Planning lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% during the second quarter. Creative Planning now owns 8,486 shares of the company’s stock worth $377,000 after buying an additional 3,285 shares during the last quarter. JPMorgan Chase & Co. increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% during the third quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock worth $14,534,000 after acquiring an additional 4,476 shares during the period. SteelPeak Wealth LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at $1,103,000. Delos Wealth Advisors LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 9.4% during the 2nd quarter. Delos Wealth Advisors LLC now owns 60,097 shares of the company’s stock valued at $2,670,000 after purchasing an additional 5,186 shares during the last quarter. Finally, Triton Wealth Management PLLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $306,000.

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

NYSEARCA:SPHD opened at $48.73 on Friday. The firm’s 50-day moving average is $49.37 and its 200-day moving average is $48.92. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $40.84 and a 52-week high of $51.89.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.