Avidian Wealth Solutions LLC Has $15.10 Million Stock Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Avidian Wealth Solutions LLC lessened its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 20.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 355,972 shares of the company’s stock after selling 89,086 shares during the quarter. Invesco S&P 500 High Dividend Low Volatility ETF accounts for 0.9% of Avidian Wealth Solutions LLC’s holdings, making the stock its 22nd biggest position. Avidian Wealth Solutions LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $15,097,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 663.2% in the fourth quarter. International Assets Investment Management LLC now owns 1,455,437 shares of the company’s stock worth $61,725,000 after purchasing an additional 1,264,727 shares in the last quarter. Win Advisors Inc. bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter valued at approximately $15,768,000. Allworth Financial LP grew its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2,011.8% in the 4th quarter. Allworth Financial LP now owns 265,426 shares of the company’s stock valued at $11,257,000 after acquiring an additional 252,857 shares during the period. HighTower Advisors LLC increased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 364.2% during the 3rd quarter. HighTower Advisors LLC now owns 271,659 shares of the company’s stock worth $10,645,000 after purchasing an additional 213,133 shares during the last quarter. Finally, XML Financial LLC grew its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 210.8% during the third quarter. XML Financial LLC now owns 234,944 shares of the company’s stock worth $9,207,000 after purchasing an additional 159,354 shares during the period.

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

NYSEARCA:SPHD traded up $0.12 on Friday, hitting $43.81. The company’s stock had a trading volume of 921,733 shares, compared to its average volume of 669,830. The firm has a market capitalization of $2.93 billion, a P/E ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $37.19 and a one year high of $44.49. The stock has a fifty day moving average of $43.30 and a two-hundred day moving average of $41.79.

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.