Kowal Investment Group LLC Sells 980 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Kowal Investment Group LLC lowered its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 56,846 shares of the company’s stock after selling 980 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF makes up approximately 0.5% of Kowal Investment Group LLC’s portfolio, making the stock its 25th largest holding. Kowal Investment Group LLC owned about 0.08% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,524,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.2% in the fourth quarter. Franklin Resources Inc. now owns 633,873 shares of the company’s stock worth $26,883,000 after buying an additional 47,773 shares in the last quarter. Cookson Peirce & Co. Inc. lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 4.4% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 69,609 shares of the company’s stock worth $2,952,000 after buying an additional 2,930 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of 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 buying an additional 1,262 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 357,981 shares of the company’s stock worth $15,182,000 after purchasing an additional 7,876 shares during the last quarter. Finally, Modera Wealth Management LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth approximately $127,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 0.6 %

Shares of SPHD stock traded down $0.28 during trading on Monday, hitting $44.15. The company had a trading volume of 262,896 shares, compared to its average volume of 584,757. The stock’s 50-day moving average is $44.39 and its two-hundred day moving average is $43.26. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $37.19 and a 52 week high of $45.44.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.