Raymond James & Associates Purchases 24,912 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Raymond James & Associates grew its position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 7.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 376,271 shares of the company’s stock after buying an additional 24,912 shares during the period. Raymond James & Associates owned 0.56% of Invesco S&P 500 High Dividend Low Volatility ETF worth $16,718,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPHD. Pathway Financial Advisers LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth $26,000. Creekmur Asset Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter worth $30,000. Future Financial Wealth Managment LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 1st quarter valued at about $49,000. Thompson Investment Management Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at about $80,000. Finally, CVA Family Office LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 872.5% in the second quarter. CVA Family Office LLC now owns 1,945 shares of the company’s stock worth $86,000 after acquiring an additional 1,745 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.1 %

SPHD opened at $48.46 on Friday. The company has a market cap of $3.24 billion, a P/E ratio of 17.13 and a beta of 0.64. The firm’s 50-day moving average price is $46.07 and its 200-day moving average price is $44.38. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $37.19 and a 52-week high of $48.59.

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.