SPHD Stock Summary and Trading Ideas (Invesco S&P 500 High Dividend Low Volatility ETF | ARCA:SPHD)

The Invesco S&P 500 High Dividend Low Volatility ETF (Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. Standard & Poors compiles, maintains and calculates the Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

Invesco S&P 500 High Dividend Low Volatility ETF trades on the ARCA stock market under the symbol SPHD.

As of April 23, 2024, SPHD stock price climbed to $43.50 with 510,432 million shares trading.

SPHD has a beta of 0.64, meaning it tends to be less sensitive to market movements. SPHD has a correlation of 0.33 to the broad based SPY ETF.

SPHD has a market cap of $2.90 billion. This is considered a Mid Cap stock.

In the last 3 years, SPHD stock traded as high as $49.61 and as low as $37.19.

SPHD has underperformed the market in the last year with a return of +7.6%, while the SPY ETF gained +24.3%. In the last 3 month period, SPHD fell short of the market, returning +4.8%, while SPY returned +4.9%. However, in the most recent 2 weeks SPHD has outperformed the stock market by returning -1.0%, while SPY returned -2.5%.

SPHD support price is $42.90 and resistance is $43.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPHD stock will trade within this expected range on the day.