Saxon Interests Inc. Buys Shares of 15,640 Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Saxon Interests Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,640 shares of the company’s stock, valued at approximately $791,000.

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

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

NYSEARCA:SPHD traded up $0.09 during midday trading on Wednesday, reaching $49.86. 109,837 shares of the stock traded hands, compared to its average volume of 681,683. The stock has a market capitalization of $3.33 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 $37.19 and a 12-month high of $50.65. The business has a 50-day moving average of $49.11 and a two-hundred day moving average of $46.12.

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.