Creative Planning Increases Holdings in Invesco S&P 500 High Dividend Low Volatility ETF

Creative Planning has significantly increased its investment in the Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 43.7% during the third quarter, as disclosed in their recent filing made to the Securities and Exchange Commission (SEC). After acquiring an additional 3,706 shares during this quarter, Creative Planning now holds a total of 12,192 shares in the ETF. As of the latest reporting period, the value of their holdings stands at approximately $617,000.

Other institutional investors have also adjusted their stakes in the Invesco S&P 500 High Dividend Low Volatility ETF. For instance, Raymond James & Associates boosted its position in the ETF by 7.1% during the second quarter, bringing their total ownership to 376,271 shares, which are currently valued at $16,718,000 after acquiring an additional 24,912 shares. Similarly, Shilanski & Associates Inc. raised their holdings by 1.3% in the same quarter, now owning 217,503 shares valued at $9,664,000, having added 2,719 shares. In addition, Cambridge Investment Research Advisors Inc. increased their stake by 3.5%, taking their total to 203,790 shares valued at $9,054,000 after purchasing 6,929 shares.

Meanwhile, Cetera Investment Advisers dramatically increased its holdings by 100.8% in the first quarter, securing 190,241 shares worth $8,447,000 after buying an impressive 95,476 shares last quarter. Moreover, XML Financial LLC also heightened its interest, increasing its stake in the ETF by 5.0%, resulting in ownership of 161,333 shares valued at $7,168,000 after an additional purchase of 7,728 shares.

Current Market Performance of SPHD

As of Tuesday, shares of SPHD opened at $49.58. The ETF has a 50-day moving average price of $50.03 and a 200-day moving average price of $47.02. Its market capitalization is reported at $3.31 billion, featuring a price-to-earnings ratio of 17.13 and a beta of 0.64. Notably, the Invesco S&P 500 High Dividend Low Volatility ETF has seen a 12-month low of $38.26, while its highest trading price reached $51.07.

Overview of the 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 primarily invests in large-cap equities and aims to track a dividend-yield-weighted index. This index includes S&P 500 stocks that are the least volatile and yield the highest dividends. SPHD was launched on October 18, 2012, and is managed by Invesco.

Related Insights

Investors and analysts may find value in exploring other hedge funds that hold SPHD and keeping up to date with the latest 13F filings and insider trades for this particular ETF.

Creative, Planning, Invesco