Sovran Advisors LLC Buys Shares of 66,150 Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Sovran Advisors LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 66,150 shares of the company’s stock, valued at approximately $3,163,000.

Several other institutional investors and hedge funds have also made changes to their positions in SPHD. Harbour Investments Inc. lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.0% during the 3rd quarter. Harbour Investments Inc. now owns 4,216 shares of the company’s stock worth $213,000 after purchasing an additional 202 shares during the period. MML Investors Services LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 0.3% during the third quarter. MML Investors Services LLC now owns 71,371 shares of the company’s stock worth $3,609,000 after buying an additional 206 shares during the period. Fifth Third Securities Inc. boosted its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the 4th quarter. Fifth Third Securities Inc. now owns 17,528 shares of the company’s stock worth $847,000 after buying an additional 268 shares during the last quarter. SeaCrest Wealth Management LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 4,815 shares of the company’s stock valued at $243,000 after acquiring an additional 300 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% in the fourth quarter. Ameritas Advisory Services LLC now owns 12,595 shares of the company’s stock valued at $608,000 after purchasing an additional 308 shares during the period.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.2 %

NYSEARCA:SPHD opened at $48.84 on Tuesday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $40.84 and a fifty-two week high of $51.89. The firm’s 50 day moving average is $48.77 and its two-hundred day moving average is $49.29. The company has a market cap of $3.26 billion, a P/E ratio of 17.13 and a beta of 0.64.

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.