Triton Wealth Management PLLC Makes New $306,000 Investment in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Triton Wealth Management PLLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,051 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds have also recently modified their holdings of the stock. Pathway Financial Advisers LLC purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter worth $26,000. Creekmur Asset Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth about $30,000. Future Financial Wealth Managment LLC purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the first quarter valued at approximately $49,000. Hantz Financial Services Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 2nd quarter valued at approximately $52,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 1st quarter valued at $80,000.

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

NYSEARCA SPHD traded up $0.13 on Friday, reaching $50.28. 398,851 shares of the company’s stock traded hands, compared to its average volume of 686,057. The stock has a 50 day moving average price of $49.01 and a 200-day moving average price of $46.00. The firm has a market cap of $3.36 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 fifty-two week low of $37.19 and a fifty-two week high of $50.65.

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.