Magnus Financial Group LLC Sells 10,000 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Magnus Financial Group LLC decreased its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 45.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,241 shares of the company’s stock after selling 10,000 shares during the period. Magnus Financial Group LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $591,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPHD. Moisand Fitzgerald Tamayo LLC boosted its stake 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 worth $28,000 after purchasing an additional 499 shares during the period. Armstrong Advisory Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth about $34,000. Castleview Partners LLC grew its holdings in shares of 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 Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at approximately $56,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at approximately $95,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Down 1.5 %

Shares of SPHD opened at $48.31 on Thursday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $40.84 and a twelve month high of $51.89. The stock has a market capitalization of $3.23 billion, a P/E ratio of 17.13 and a beta of 0.64. The company has a 50 day moving average of $49.31 and a 200-day moving average of $49.02.

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.