Financial Engines Advisors L.L.C. Decreases Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Financial Engines Advisors L.L.C. lessened its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 995,260 shares of the company’s stock after selling 21,821 shares during the quarter. Financial Engines Advisors L.L.C. owned approximately 1.49% of Invesco S&P 500 High Dividend Low Volatility ETF worth $48,081,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SPHD. US Bancorp DE raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% in the fourth quarter. US Bancorp DE now owns 2,696 shares of the company’s stock valued at $130,000 after buying an additional 306 shares during the period. Steward Partners Investment Advisory LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 12.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,133 shares of the company’s stock valued at $924,000 after acquiring an additional 2,161 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 4.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 160,632 shares of the company’s stock valued at $7,760,000 after purchasing an additional 6,623 shares during the last quarter. JPMorgan Chase & Co. boosted 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 purchasing an additional 4,476 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.0% in the fourth quarter. Sanctuary Advisors LLC now owns 94,834 shares of the company’s stock worth $4,638,000 after purchasing an additional 7,001 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 1.2 %

NYSEARCA SPHD opened at $49.17 on Wednesday. The company’s 50 day moving average is $49.38 and its 200-day moving average is $49.65. The firm has a market cap of $3.43 billion, a P/E ratio of 18.96 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $42.03 and a 12-month high of $51.89.

Invesco S&P 500 High Dividend Low Volatility ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1391 per share. The ex-dividend date is Monday, March 24th.

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.