Silver Oak Securities Incorporated Cuts Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Silver Oak Securities Incorporated trimmed its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 96.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,350 shares of the company’s stock after selling 38,859 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $65,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Horizon Investments LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $44,000. Bessemer Group Inc. raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% during the 3rd quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock worth $57,000 after acquiring an additional 625 shares in the last quarter. MAI Capital Management raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% during the 3rd quarter. MAI Capital Management now owns 1,223 shares of the company’s stock worth $60,000 after acquiring an additional 579 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $68,000. Finally, Root Financial Partners LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter valued at approximately $94,000.

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

Shares of SPHD opened at $49.60 on Friday. The stock has a market capitalization of $3.29 billion, a PE ratio of 15.77 and a beta of 0.72. The company’s fifty day moving average is $50.79 and its 200 day moving average is $49.23. 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 $53.07.

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.