Park Edge Advisors LLC Raises Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Park Edge Advisors LLC grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 167.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,920 shares of the company’s stock after purchasing an additional 43,809 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF makes up 1.0% of Park Edge Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Park Edge Advisors LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $3,378,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after acquiring an additional 499 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at approximately $34,000. Castleview Partners LLC boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the third quarter. Castleview Partners LLC now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 589 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $56,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $95,000.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Up 0.3 %

Shares of SPHD stock opened at $48.66 on Friday. The company’s fifty day moving average price is $49.22 and its 200-day moving average price is $49.07. The stock has a market cap of $3.25 billion, a PE ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 12 month low of $40.84 and a 12 month high of $51.89.

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.