Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Stock Short Interest Report for September

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 348,225 shares, a drop of 41.9% from the September 15th total of 599,370 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,200,312 shares, the short-interest ratio is currently 0.3 days.

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

Shares of NYSEARCA:SPHD traded up $0.48 during trading on Friday, reaching $50.61. The stock had a trading volume of 974,759 shares, compared to its average volume of 894,122. The stock has a market capitalization of $3.29 billion, a PE ratio of 15.77 and a beta of 0.61. Invesco S&P 500 High Dividend Low Volatility ETF has a 52 week low of $46.58 and a 52 week high of $54.04. The business’s 50-day moving average price is $50.98 and its 200 day moving average price is $50.79.

Institutional Investors Weigh In On Invesco S&P 500 High Dividend Low Volatility ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brookstone Capital Management grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 1,677.3% during the first quarter. Brookstone Capital Management now owns 2,113,628 shares of the company’s stock worth $104,857,000 after purchasing an additional 1,994,704 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 2.5% in the first quarter. Bank of America Corp DE now owns 1,317,728 shares of the company’s stock valued at $65,372,000 after buying an additional 32,306 shares during the last quarter. Avidian Wealth Enterprises LLC acquired a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth about $21,067,000. Private Advisor Group LLC lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 12.1% during the 1st quarter. Private Advisor Group LLC now owns 362,812 shares of the company’s stock worth $17,999,000 after buying an additional 39,223 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 2.7% during the 1st quarter. Cetera Investment Advisers now owns 265,749 shares of the company’s stock worth $13,184,000 after buying an additional 7,070 shares in the last quarter.

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.