Miracle Mile Advisors LLC Acquires Shares of 10,664 Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Miracle Mile Advisors LLC 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 disclosure with the Securities and Exchange Commission. The institutional investor bought 10,664 shares of the company’s stock, valued at approximately $515,000.

Several other large investors have also made changes to their positions in SPHD. Lmcg Investments LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 23.8% in the second quarter. Lmcg Investments LLC now owns 26,895 shares of the company’s stock valued at $1,195,000 after buying an additional 5,166 shares in the last quarter. Cowa LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 10.9% in the 2nd quarter. Cowa LLC now owns 11,397 shares of the company’s stock worth $506,000 after acquiring an additional 1,117 shares in the last quarter. Delos Wealth Advisors LLC grew its position in Invesco S&P 500 High Dividend Low Volatility ETF by 9.4% during the 2nd quarter. Delos Wealth Advisors LLC now owns 60,097 shares of the company’s stock worth $2,670,000 after acquiring an additional 5,186 shares during the last quarter. Prairie Wealth Advisors Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at $225,000. Finally, Creative Planning raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% in the 2nd quarter. Creative Planning now owns 8,486 shares of the company’s stock valued at $377,000 after purchasing an additional 3,285 shares during the last quarter.

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

Shares of SPHD stock opened at $47.94 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $40.84 and a 52 week high of $51.89. The stock has a market capitalization of $3.20 billion, a PE ratio of 17.13 and a beta of 0.64. The stock’s fifty day moving average is $49.43 and its 200-day moving average is $48.85.

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.