Cwm LLC Sells 2,020 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Cwm LLC reduced its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 29.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,797 shares of the company’s stock after selling 2,020 shares during the quarter. Cwm LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $241,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SPHD. Realta Investment Advisors boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 5.3% in the 1st quarter. Realta Investment Advisors now owns 8,921 shares of the company’s stock valued at $448,000 after buying an additional 447 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter worth $724,000. AlphaStar Capital Management LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% during the 1st quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock worth $800,000 after buying an additional 236 shares during the period. Stratos Wealth Advisors LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 87.0% during the 1st quarter. Stratos Wealth Advisors LLC now owns 10,220 shares of the company’s stock worth $513,000 after buying an additional 4,754 shares during the period. Finally, Washington Trust Bank increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 179.5% during the 1st quarter. Washington Trust Bank now owns 39,536 shares of the company’s stock worth $1,986,000 after buying an additional 25,392 shares during the period.

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

SPHD stock opened at $48.99 on Friday. The stock has a market capitalization of $3.17 billion, a price-to-earnings ratio of 15.77 and a beta of 0.85. The business’s fifty day moving average price is $47.82 and its two-hundred day moving average price is $48.22. 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.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.