StoneX Group Inc. Makes New Investment in Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

StoneX Group Inc. purchased a new stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 14,673 shares of the company’s stock, valued at approximately $727,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. IFP Advisors Inc grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 8.2% during the second quarter. IFP Advisors Inc now owns 3,110 shares of the company’s stock valued at $158,000 after purchasing an additional 235 shares during the last quarter. Crescent Grove Advisors LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 1.1% during the 3rd quarter. Crescent Grove Advisors LLC now owns 29,316 shares of the company’s stock valued at $1,412,000 after purchasing an additional 313 shares during the period. Dynamic Advisor Solutions LLC boosted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 5.3% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 7,922 shares of the company’s stock valued at $403,000 after purchasing an additional 400 shares during the period. Pathway Financial Advisers LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF during the 3rd quarter worth $28,000. Finally, Summit Financial Wealth Advisors LLC grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 2.6% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 25,210 shares of the company’s stock worth $1,251,000 after buying an additional 628 shares during the last quarter.

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

Shares of NYSEARCA SPHD opened at $52.82 on Wednesday. Invesco S&P 500 High Dividend Low Volatility ETF has a 1-year low of $47.26 and a 1-year high of $54.04. The business’s fifty day moving average price is $50.57 and its two-hundred day moving average price is $50.88. The firm has a market capitalization of $3.45 billion, a PE ratio of 15.77 and a beta of 0.60.

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.