Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stake Lifted by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,693 shares of the company’s stock after purchasing an additional 999 shares during the period. AlphaStar Capital Management LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $758,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPHD. Creative Planning raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 63.2% in the 2nd quarter. Creative Planning now owns 8,486 shares of the company’s stock worth $377,000 after purchasing an additional 3,285 shares in the last quarter. CWM LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 6.3% during the third quarter. CWM LLC now owns 6,634 shares of the company’s stock valued at $335,000 after purchasing an additional 396 shares during the last quarter. Pinnacle Wealth Management Group Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter valued at $2,857,000. Code Waechter LLC purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth about $918,000. Finally, Koshinski Asset Management Inc. raised its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 64.6% during the 3rd quarter. Koshinski Asset Management Inc. now owns 8,042 shares of the company’s stock worth $407,000 after buying an additional 3,156 shares during the period.

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

Shares of SPHD opened at $48.73 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a one year low of $40.84 and a one year high of $51.89. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The company has a 50-day moving average of $48.77 and a two-hundred day moving average of $49.25.

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.