Daiwa Securities Group Increases Investment in Invesco S&P 500 High Dividend Low Volatility ETF

Daiwa Securities Group Inc. has raised its holdings in the Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 16.0% during the fourth quarter, as detailed in their latest filing with the Securities and Exchange Commission (SEC). The firm now owns a total of 12,330 shares following the acquisition of an additional 1,700 shares during this period. At the conclusion of the latest reporting stint, the valuation of Daiwa Securities’ holdings in the ETF reached approximately $596,000.

Other investment firms have also made adjustments to their stakes in the Invesco S&P 500 High Dividend Low Volatility ETF. For instance, Steward Partners Investment Advisory LLC increased its investment by 12.7% during the fourth quarter, bringing its total to 19,133 shares valued at around $924,000 after purchasing 2,161 additional shares. Janney Montgomery Scott LLC raised its stake by 4.3% in the same quarter, owning 160,632 shares worth $7,760,000 after acquiring 6,623 extra shares.

Additionally, JPMorgan Chase & Co. expanded its position by 1.6% during the third quarter, now holding 287,409 shares valued at approximately $14,534,000 after adding 4,476 shares. Sanctuary Advisors LLC increased its holdings by 8.0% during the fourth quarter, now possessing 94,834 shares worth about $4,638,000 after purchasing an additional 7,001 shares. Wealthspire Advisors LLC also grew its holdings by 5.1% during the fourth quarter, now holding 14,639 shares valued at $707,000 after acquiring 711 more shares.

Performance Overview of Invesco S&P 500 High Dividend Low Volatility ETF

On Monday, shares of the Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) opened at $49.72. Over the past year, the ETF has experienced a low of $42.03 and a high of $51.89. Currently, the ETF has a market capitalization of $3.47 billion, a price-to-earnings (P/E) ratio of 18.96, and a beta of 0.85. Its 50-day simple moving average stands at $49.08, while the 200-day simple moving average is at $49.63.

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 primarily invests in large-cap equities. This fund tracks a specific index that focuses on S&P 500 stocks known for their high dividend yields and lower volatility. Launched on October 18, 2012, it is managed by Invesco.

Further Information

• Five alternative stocks to consider over Invesco S&P 500 High Dividend Low Volatility ETF
• Understanding MarketRank™ and its applications
• Creating a Comprehensive ETF Portfolio
• Introduction to Dividend Achievers
• Comparative Growth Analysis: Dutch Bros vs. Starbucks
• Advantages and Disadvantages of Monthly Dividend Stocks
• Three Stocks Exhibiting High ROE with Growth Potential

Interested in seeing other hedge funds holding SPHD? Keep track of the latest 13F filings and insider trades for Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD).

Daiwa, Invesco, ETF