New Wave Wealth Advisors LLC Takes $1.10 Million Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

New Wave Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 24,783 shares of the company’s stock, valued at approximately $1,101,000.

Several other large investors also recently modified their holdings of SPHD. Stifel Financial Corp boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 301.1% during the 4th quarter. Stifel Financial Corp now owns 317,485 shares of the company’s stock valued at $13,464,000 after buying an additional 238,334 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 11.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 40,264 shares of the company’s stock worth $1,708,000 after purchasing an additional 4,104 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 8.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 77,115 shares of the company’s stock worth $3,270,000 after buying an additional 5,709 shares in the last quarter. NCM Capital Management LLC raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 55.4% during the fourth quarter. NCM Capital Management LLC now owns 10,412 shares of the company’s stock valued at $442,000 after purchasing an additional 3,712 shares during the last quarter. Finally, Waterloo Capital L.P. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth approximately $345,000.

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

Invesco S&P 500 High Dividend Low Volatility ETF stock opened at $50.57 on Tuesday. The stock has a fifty day moving average of $48.70 and a 200 day moving average of $45.83. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $37.19 and a one year high of $50.65. The stock has a market cap of $3.38 billion, a PE ratio of 17.13 and a beta of 0.64.

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.