Envestnet Asset Management Inc. Grows Stock Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Envestnet Asset Management Inc. increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 5.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 304,324 shares of the company’s stock after purchasing an additional 16,030 shares during the period. Envestnet Asset Management Inc. owned approximately 0.43% of Invesco S&P 500 High Dividend Low Volatility ETF worth $15,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in SPHD. Concurrent Investment Advisors LLC increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 391.0% during the first quarter. Concurrent Investment Advisors LLC now owns 23,730 shares of the company’s stock valued at $1,192,000 after buying an additional 18,897 shares during the last quarter. Brookstone Capital Management increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7.9% in the first quarter. Brookstone Capital Management now owns 158,095 shares of the company’s stock worth $7,941,000 after purchasing an additional 11,581 shares in the last quarter. Silver Oak Securities Incorporated increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 14,092.2% in the first quarter. Silver Oak Securities Incorporated now owns 39,880 shares of the company’s stock worth $1,978,000 after purchasing an additional 39,599 shares in the last quarter. Aurora Private Wealth Inc. purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth $5,023,000. Finally, Private Trust Co. NA increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.8% in the first quarter. Private Trust Co. NA now owns 39,792 shares of the company’s stock worth $1,999,000 after purchasing an additional 2,186 shares in the last quarter.

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

Shares of NYSEARCA:SPHD opened at $48.39 on Friday. The firm has a fifty day moving average price of $47.68 and a 200 day moving average price of $48.20. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $43.39 and a fifty-two week high of $51.89. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85.

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.