Orion Portfolio Solutions LLC Boosts Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Orion Portfolio Solutions LLC raised its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 49.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,410 shares of the company’s stock after purchasing an additional 3,438 shares during the period. Orion Portfolio Solutions LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $526,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth about $322,000. Hilltop Holdings Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 37.6% during the third quarter. Hilltop Holdings Inc. now owns 9,874 shares of the company’s stock valued at $499,000 after acquiring an additional 2,700 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter valued at about $2,162,000. L.M. Kohn & Company boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 147.9% in the third quarter. L.M. Kohn & Company now owns 48,571 shares of the company’s stock valued at $2,456,000 after purchasing an additional 28,975 shares during the period. Finally, CreativeOne Wealth LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.4% in the third quarter. CreativeOne Wealth LLC now owns 56,217 shares of the company’s stock valued at $2,843,000 after purchasing an additional 752 shares during the period.

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

NYSEARCA SPHD opened at $48.98 on Wednesday. The firm has a 50 day simple moving average of $50.34 and a 200-day simple moving average of $48.36. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $40.84 and a one year high of $51.89. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64.

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.