Raymond James Financial Services Advisors Inc. Trims Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Raymond James Financial Services Advisors Inc. lessened its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 41.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 293,280 shares of the company’s stock after selling 207,004 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.43% of Invesco S&P 500 High Dividend Low Volatility ETF worth $13,022,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPHD. Crescent Grove Advisors LLC increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 7.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 17,028 shares of the company’s stock valued at $667,000 after purchasing an additional 1,111 shares during the period. Absolute Capital Management LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.8% during the 3rd quarter. Absolute Capital Management LLC now owns 35,020 shares of the company’s stock valued at $1,372,000 after acquiring an additional 603 shares in the last quarter. Psagot Value Holdings Ltd. Israel boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 336.6% during the 3rd quarter. Psagot Value Holdings Ltd. Israel now owns 2,122 shares of the company’s stock valued at $83,000 after acquiring an additional 1,636 shares in the last quarter. Allworth Financial LP boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 160.5% during the 3rd quarter. Allworth Financial LP now owns 12,569 shares of the company’s stock valued at $493,000 after acquiring an additional 7,744 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 16.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 6,942 shares of the company’s stock valued at $272,000 after acquiring an additional 956 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.3 %

Invesco S&P 500 High Dividend Low Volatility ETF stock traded up $0.12 during trading hours on Friday, hitting $43.81. 921,733 shares of the stock traded hands, compared to its average volume of 669,830. The firm’s 50-day moving average price is $43.30 and its two-hundred day moving average price is $41.80. The company has a market cap of $2.93 billion, a PE ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $37.19 and a one year high of $44.49.

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.