Jones Financial Companies Lllp Purchases 50,577 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Jones Financial Companies Lllp lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 80.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 113,370 shares of the company’s stock after acquiring an additional 50,577 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $5,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Pathway Financial Advisers LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth $29,000. Armstrong Advisory Group Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $34,000. Crews Bank & Trust purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter worth about $101,000. Providence First Trust Co bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at about $121,000. Finally, US Bancorp DE increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% during the fourth quarter. US Bancorp DE now owns 2,696 shares of the company’s stock worth $130,000 after buying an additional 306 shares during the last quarter.

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

Shares of SPHD stock opened at $49.62 on Wednesday. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $42.03 and a 52 week high of $51.89. The firm’s 50-day simple moving average is $48.86 and its two-hundred day simple moving average is $49.57. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 19.48 and a beta of 0.87.

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.