Envestnet Asset Management Inc. Has $17.07 Million Holdings in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Envestnet Asset Management Inc. lowered its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 7.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 345,212 shares of the company’s stock after selling 25,997 shares during the period. Envestnet Asset Management Inc. owned 0.54% of Invesco S&P 500 High Dividend Low Volatility ETF worth $17,071,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SPHD. Envestnet Portfolio Solutions Inc. grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 65.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,304 shares of the company’s stock valued at $585,000 after buying an additional 4,867 shares during the period. D.A. Davidson & CO. boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 2.8% in the second quarter. D.A. Davidson & CO. now owns 27,291 shares of the company’s stock worth $1,298,000 after acquiring an additional 733 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 5.4% in the second quarter. Franklin Resources Inc. now owns 703,661 shares of the company’s stock worth $33,466,000 after acquiring an additional 36,344 shares in the last quarter. Crescent Grove Advisors LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 121.9% in the second quarter. Crescent Grove Advisors LLC now owns 24,268 shares of the company’s stock valued at $1,154,000 after acquiring an additional 13,332 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter valued at approximately $787,000.

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

SPHD opened at $52.63 on Monday. 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 $52.81. The firm has a market capitalization of $3.81 billion, a PE ratio of 15.77 and a beta of 0.72. The company’s 50-day moving average is $49.18 and its 200 day moving average is $48.76.

Invesco S&P 500 High Dividend Low Volatility ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a $0.2027 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 4.6%.

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.