Comerica Bank Buys 744 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Comerica Bank raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,356 shares of the company’s stock after acquiring an additional 744 shares during the quarter. Comerica Bank’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $355,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Pathway Financial Advisers LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $29,000. Armstrong Advisory Group Inc. bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at about $34,000. Capital Analysts LLC raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 17.0% in the 4th quarter. Capital Analysts LLC now owns 1,532 shares of the company’s stock valued at $74,000 after acquiring an additional 223 shares during the period. Crews Bank & Trust acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter worth approximately $101,000. Finally, Providence First Trust Co acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter worth approximately $121,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 1.0%

Shares of NYSEARCA:SPHD opened at $48.16 on Friday. The company’s 50 day moving average price is $47.81 and its two-hundred day moving average price is $48.87. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $43.39 and a 12-month high of $51.89. The firm has a market cap of $3.29 billion, a PE ratio of 17.86 and a beta of 0.72.

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.