Financial Engines Advisors L.L.C. Sells 21,821 Shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Financial Engines Advisors L.L.C. cut its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 2.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 995,260 shares of the company’s stock after selling 21,821 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $48,081,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Pathway Financial Advisers LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at approximately $29,000. Armstrong Advisory Group Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the 4th quarter valued at approximately $34,000. Crews Bank & Trust bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter valued at approximately $101,000. Providence First Trust Co purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth $121,000. Finally, US Bancorp DE boosted its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 12.8% during the fourth quarter. US Bancorp DE now owns 2,696 shares of the company’s stock worth $130,000 after acquiring an additional 306 shares during the last quarter.

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

Shares of NYSEARCA SPHD opened at $49.17 on Wednesday. The company has a market cap of $3.43 billion, a P/E ratio of 18.96 and a beta of 0.85. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $42.03 and a 52-week high of $51.89. The firm’s fifty day moving average is $49.38 and its two-hundred day moving average is $49.65.

Invesco S&P 500 High Dividend Low Volatility ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.1391 dividend. The ex-dividend date is Monday, March 24th.

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.