Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Shares Purchased by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,166 shares of the company’s stock after purchasing an additional 2,664 shares during the period. Invesco S&P 500 High Dividend Low Volatility ETF comprises 1.8% of Pinnacle Wealth Management Group Inc.’s investment portfolio, making the stock its 19th biggest position. Pinnacle Wealth Management Group Inc. owned approximately 0.09% of Invesco S&P 500 High Dividend Low Volatility ETF worth $2,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 941.5% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 552 shares of the company’s stock valued at $28,000 after purchasing an additional 499 shares during the last quarter. Castleview Partners LLC boosted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 190.0% during the third quarter. Castleview Partners LLC now owns 899 shares of the company’s stock worth $45,000 after buying an additional 589 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $56,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth about $95,000. Finally, PDS Planning Inc acquired a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter valued at approximately $207,000.

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

NYSEARCA:SPHD opened at $47.43 on Tuesday. The firm has a 50 day simple moving average of $49.52 and a 200-day simple moving average of $48.84. 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 market cap of $3.17 billion, a PE ratio of 17.13 and a beta of 0.64.

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.