Investors Research Corp Sells 10,887 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Investors Research Corp trimmed its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 40.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,896 shares of the company’s stock after selling 10,887 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pathway Financial Advisers LLC acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the first quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC raised its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after buying an additional 499 shares in the last quarter. Castleview Partners LLC lifted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the 3rd quarter. Castleview Partners LLC now owns 899 shares of the company’s stock valued at $45,000 after acquiring an additional 589 shares during the period. Hantz Financial Services Inc. acquired a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter worth about $52,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth approximately $56,000.

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

Shares of Invesco S&P 500 High Dividend Low Volatility ETF stock traded down $0.02 during trading on Thursday, reaching $50.24. 41,281 shares of the company’s stock were exchanged, compared to its average volume of 654,187. The company has a market cap of $3.35 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 1-year low of $39.43 and a 1-year high of $51.07. The firm’s 50-day moving average price is $50.21 and its 200 day moving average price is $47.56.

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.