Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Sold by RDA Financial Network

RDA Financial Network reduced its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 27,587 shares of the company’s stock after selling 1,325 shares during the period. RDA Financial Network’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $1,395,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. IMS Capital Management raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% in the second quarter. IMS Capital Management now owns 21,033 shares of the company’s stock valued at $1,015,000 after acquiring an additional 326 shares in the last quarter. Sunbelt Securities Inc. raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 3.3% during the second quarter. Sunbelt Securities Inc. now owns 10,740 shares of the company’s stock valued at $477,000 after buying an additional 343 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 4.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,483 shares of the company’s stock worth $377,000 after buying an additional 365 shares during the last quarter. CWM LLC lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% during the 3rd quarter. CWM LLC now owns 6,634 shares of the company’s stock worth $335,000 after buying an additional 396 shares during the last quarter. Finally, Curbstone Financial Management Corp grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.9% in the 3rd quarter. Curbstone Financial Management Corp now owns 14,000 shares of the company’s stock worth $708,000 after acquiring an additional 400 shares in the last quarter.

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

Shares of SPHD stock traded up $0.25 on Tuesday, hitting $50.61. 398,579 shares of the stock traded hands, compared to its average volume of 675,301. The company’s fifty day moving average is $49.33 and its 200 day moving average is $46.29. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $37.19 and a 1-year high of $51.03. The company has a market capitalization of $3.38 billion, a PE ratio of 17.13 and a beta of 0.64.

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.