Grandview Asset Management LLC Makes New $213,000 Investment in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Grandview Asset Management LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 4,413 shares of the company’s stock, valued at approximately $213,000.

Other institutional investors have also modified their holdings of the company. Pinnacle Wealth Management Group Inc. raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% during the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 59,166 shares of the company’s stock valued at $2,858,000 after buying an additional 2,664 shares during the period. Miracle Mile Advisors LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at $515,000. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $590,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 287,409 shares of the company’s stock worth $14,534,000 after purchasing an additional 4,476 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 7,254 shares of the company’s stock worth $364,000 after purchasing an additional 324 shares during the last quarter.

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

NYSEARCA SPHD opened at $47.43 on Tuesday. The stock has a market capitalization of $3.17 billion, a P/E ratio of 17.13 and a beta of 0.64. The firm’s 50-day moving average is $49.52 and its two-hundred day moving average is $48.84. 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.

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.