Truist Financial Corp Has $7.91 Million Holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Truist Financial Corp cut its holdings in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 4.7% during the 4th quarter, HoldingsChannel reports. The fund owned 163,742 shares of the company’s stock after selling 8,009 shares during the quarter. Truist Financial Corp’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $7,910,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SPHD. Creative Planning grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 43.7% in the third quarter. Creative Planning now owns 12,192 shares of the company’s stock valued at $617,000 after acquiring an additional 3,706 shares in the last quarter. Private Advisor Group LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 49.5% during 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 during the period. Silver Oak Securities Incorporated bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $1,743,000. Heritage Oak Wealth Advisors LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $1,294,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the third quarter worth about $760,000.

Invesco S&P 500 High Dividend Low Volatility ETF Stock Up 0.4 %

SPHD opened at $50.20 on Friday. Invesco S&P 500 High Dividend Low Volatility ETF has a twelve month low of $41.92 and a twelve month high of $51.89. The company has a 50-day simple moving average of $48.59 and a 200 day simple moving average of $49.39. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64.

Invesco S&P 500 High Dividend Low Volatility ETF Company 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.