Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stake Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,409 shares of the company’s stock after purchasing an additional 4,476 shares during the period. JPMorgan Chase & Co. owned approximately 0.43% of Invesco S&P 500 High Dividend Low Volatility ETF worth $14,534,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SPHD. WESPAC Advisors SoCal LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $13,401,000. Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the second quarter worth $3,732,000. Private Advisor Group LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 49.5% in the third quarter. Private Advisor Group LLC now owns 176,048 shares of the company’s stock worth $8,903,000 after purchasing an additional 58,298 shares in the last quarter. Pinnacle Wealth Management Group Inc. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $2,857,000. Finally, Bank of Montreal Can boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 15.0% in the third quarter. Bank of Montreal Can now owns 328,211 shares of the company’s stock worth $16,539,000 after purchasing an additional 42,820 shares in the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Trading Down 1.8 %

Shares of NYSEARCA:SPHD opened at $47.08 on Friday. The stock has a market capitalization of $3.14 billion, a PE ratio of 17.13 and a beta of 0.64. Invesco S&P 500 High Dividend Low Volatility ETF has a 1 year low of $40.84 and a 1 year high of $51.89. The firm has a fifty day moving average price of $49.56 and a 200 day moving average price of $48.75.

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.