Envestnet Portfolio Solutions Inc. Increases Position in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Envestnet Portfolio Solutions Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 65.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,304 shares of the company’s stock after buying an additional 4,867 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $585,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. McLean Asset Management Corp boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the second quarter. McLean Asset Management Corp now owns 19,653 shares of the company’s stock valued at $956,000 after buying an additional 219 shares during the period. Parallel Advisors LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.9% during the second quarter. Parallel Advisors LLC now owns 24,187 shares of the company’s stock valued at $1,150,000 after buying an additional 221 shares during the period. Lynx Investment Advisory boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% during the first quarter. Lynx Investment Advisory now owns 39,875 shares of the company’s stock valued at $2,003,000 after buying an additional 226 shares during the period. AlphaStar Capital Management LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.5% during the first quarter. AlphaStar Capital Management LLC now owns 15,929 shares of the company’s stock valued at $800,000 after buying an additional 236 shares during the period. Finally, WMG Financial Advisors LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the second quarter. WMG Financial Advisors LLC now owns 9,348 shares of the company’s stock valued at $445,000 after buying an additional 245 shares during the period.

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

Shares of NYSEARCA:SPHD opened at $48.78 on Wednesday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $43.39 and a 1 year high of $51.89. The business has a 50 day simple moving average of $49.03 and a two-hundred day simple moving average of $48.05. The firm has a market capitalization of $3.11 billion, a PE ratio of 15.77 and a beta of 0.85.

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.