Absolute Capital Management LLC Raises Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Absolute Capital Management LLC boosted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 15.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,319 shares of the company’s stock after buying an additional 5,299 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF makes up approximately 1.6% of Absolute Capital Management LLC’s investment portfolio, making the stock its 20th biggest holding. Absolute Capital Management LLC owned about 0.05% of Invesco S&P 500 High Dividend Low Volatility ETF worth $1,710,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cookson Peirce & Co. Inc. increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 4.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 69,609 shares of the company’s stock valued at $2,952,000 after buying an additional 2,930 shares during the period. Global Retirement Partners LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% in the fourth quarter. Global Retirement Partners LLC now owns 21,271 shares of the company’s stock worth $901,000 after purchasing an additional 1,262 shares during the last quarter. Modera Wealth Management LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $127,000. Mutual Advisors LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 1.2% in the fourth quarter. Mutual Advisors LLC now owns 21,567 shares of the company’s stock worth $915,000 after purchasing an additional 261 shares during the last quarter. Finally, Fortis Group Advisors LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% in the third quarter. Fortis Group Advisors LLC now owns 79,968 shares of the company’s stock worth $3,375,000 after purchasing an additional 4,744 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 0.4 %

NYSEARCA SPHD opened at $43.24 on Friday. The firm’s fifty day simple moving average is $43.17 and its two-hundred day simple moving average is $41.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $37.19 and a 12-month high of $44.49. The firm has a market capitalization of $2.94 billion, a P/E ratio of 16.72 and a beta of 0.70.

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.