Greenberg Financial Group Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

Greenberg Financial Group bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,468 shares of the company’s stock, valued at approximately $1,702,000. Invesco S&P 500 High Dividend Low Volatility ETF makes up about 0.7% of Greenberg Financial Group’s holdings, making the stock its 29th largest position. Greenberg Financial Group owned about 0.06% of Invesco S&P 500 High Dividend Low Volatility ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CreativeOne Wealth LLC lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 36.2% in the third quarter. CreativeOne Wealth LLC now owns 93,567 shares of the company’s stock worth $4,627,000 after buying an additional 24,867 shares in the last quarter. Viawealth LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth approximately $1,267,000. Stonebridge Wealth Management LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the second quarter worth approximately $3,093,000. Silver Oak Securities Incorporated lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 7,210.7% in the third quarter. Silver Oak Securities Incorporated now owns 40,209 shares of the company’s stock worth $1,988,000 after buying an additional 39,659 shares in the last quarter. Finally, Meritage Portfolio Management lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 48.7% in the third quarter. Meritage Portfolio Management now owns 35,464 shares of the company’s stock worth $1,754,000 after buying an additional 11,617 shares in the last quarter.

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

Shares of NYSEARCA SPHD opened at $49.83 on Thursday. The firm’s 50 day moving average price is $50.79 and its 200-day moving average price is $49.24. The company has a market cap of $3.30 billion, a PE ratio of 15.77 and a beta of 0.69. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $43.39 and a 52-week high of $53.07.

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.