Invesco S&P 500 High Dividend Low Volatility
SPHD • ARCA
Invesco S&P 500 High Dividend Low Volatility is an exchange-traded fund on ARCA. As of Q3 2025, 324 institutional investors hold shares in this ETF, with total holdings valued at $1.0B. MORGAN STANLEY is the largest holder with a position valued at $129.1M.
Overview
Overview of institutional ownership in SPHD as of Q3 2025
All Institutions
- Institutions
- 324
- Value Held
- $1.0B
- Shares Held
- 21.1M
- Avg Position
- $3.2M
- Median Position
- $453.3K
Hedge Funds
- Hedge Funds
- 8
- Value Held
- $38.3M
- Shares Held
- 775.6K
- Avg Position
- $4.8M
- Median Position
- $431.7K
Biggest Investors
Institutions with the largest positions in SPHD as of Q3 2025
| Institution | Position Value |
|---|---|
 MORGAN STANLEY RIA/Wealth | $129.1M 0.01% of portfolio |
L LPL Financial LLC Institution | $110.9M 0.03% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $58.1M 0.00% of portfolio |
F Financial Engines Advisors L.L.C. Institution | $45.9M 0.09% of portfolio |
 FRANKLIN RESOURCES INC Institution | $35.4M 0.01% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $35.0M 0.01% of portfolio |
R ROYAL BANK OF CANADA Institution | $34.5M 0.01% of portfolio |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $34.3M 0.06% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $31.2M 0.01% of portfolio |
 UBS Group AG Institution | $25.5M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for SPHD in Q3 2025
- Traded
- −$16.4M
- Buyers
- 146
- Sellers
- 138
- Total Bought
- +$78.2M
- Total Sold
- −$94.6M
- Avg Position
- $2.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$34.3M +694.6K shares |
WELLS FARGO & COMPANY/MN Institution | +$4.5M +92.0K shares |
P Prostatis Group LLC Institution | +$4.2M +85.9K shares |
BANK OF AMERICA CORP /DE/ Institution | +$3.2M +65.4K shares |
R ROYAL BANK OF CANADA Institution | +$2.4M +48.0K shares |
 Cetera Investment Advisers RIA/Wealth | +$2.1M +42.6K shares |
 WJ Financial Advisors LLC RIA/Wealth | +$2.0M +41.0K shares |
 SILVER OAK SECURITIES, Inc RIA/Wealth | +$2.0M +39.7K shares |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$1.9M +39.0K shares |
 Buckingham Strategic Partners RIA/Wealth | +$1.6M +34.5K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
MORGAN STANLEY RIA/Wealth | −$15.7M −317.5K shares |
L LPL Financial LLC Institution | −$11.6M −234.9K shares |
 Intrinsic Edge Capital Management LLC Hedge Fund•Multi-Strategy | −$9.5M −200.0K shares |
R RETIREMENT FINANCIAL SOLUTIONS, LLC RIA/Wealth | −$5.7M −120.9K shares |
 Signal Advisors Wealth, LLC RIA/Wealth | −$5.5M −116.1K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | −$4.3M −90.0K shares |
 GOLDMAN SACHS GROUP INC Institution | −$4.3M −86.2K shares |
 AMERIPRISE FINANCIAL INC Institution | −$3.5M −70.8K shares |
W WESPAC Advisors SoCal, LLC Institution | −$3.1M −65.5K shares |
 Sovran Advisors, LLC RIA/Wealth | −$3.0M −63.7K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited SPHD in Q3 2025
- New Positions
- 11
- New Value
- $3.7M
- Exited Positions
- 30
- Exited Value
- $36.0M
New Positions
| Institution | Position Value |
|---|---|
WJ Financial Advisors LLC RIA/Wealth | $2.0M 41.0K shares |
C Cubist Systematic Strategies, LLC Institution | $379.7K 7.7K shares |
 TLS Advisors LLC Hedge Fund•Global Macro | $378.4K 7.7K shares |
 Centerpoint Advisory Group RIA/Wealth | $321.4K 6.5K shares |
 Worth Financial Advisory Group, LLC RIA/Wealth | $265.2K 5.4K shares |
 Gateway Wealth Partners, LLC RIA/Wealth | $247.3K 5.0K shares |
R Root Financial Partners, LLC RIA/Wealth | $93.8K 1.9K shares |
 Triumph Capital Management RIA/Wealth | $17.8K 359.0 shares |
 Anchor Investment Management, LLC RIA/Wealth | $7.3K 147.0 shares |
 JPL Wealth Management, LLC RIA/Wealth | $4.7K 96.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Intrinsic Edge Capital Management LLC Hedge Fund•Multi-Strategy | $9.5M 200.0K shares |
R RETIREMENT FINANCIAL SOLUTIONS, LLC RIA/Wealth | $5.7M 120.9K shares |
Signal Advisors Wealth, LLC RIA/Wealth | $5.5M 116.1K shares |
B BNP PARIBAS ARBITRAGE, SA Institution | $4.3M 90.0K shares |
W WESPAC Advisors SoCal, LLC Institution | $3.1M 65.5K shares |
A Alpha Zero LLC RIA/Wealth | $3.0M 62.4K shares |
A ATRIA INVESTMENTS LLC Institution | $1.1M 23.0K shares |
$603.6K 12.7K shares | |
H HRT FINANCIAL LLC Institution | $526.2K 11.1K shares |
 Carnegie Capital Asset Management, LLC RIA/Wealth | $490.6K 10.3K shares |
Options Activity
Institutions with the largest Call and Put options positions in SPHD as of Q3 2025
- Call Positions
- 3
- Call Value
- $1.3M
- Put Positions
- 1
- Put Value
- $459.9K
Call Positions
| Institution | Position Value |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $736.8K 149.0 contracts |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $380.8K 77.0 contracts |
J JANE STREET GROUP, LLC Institution | $232.4K 47.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $459.9K 93.0 contracts |
Most Committed Institutions
Institutions with SPHD as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
B BTS Asset Management, Inc. Long Only Manager | 12.25% $9.6M |
 Shilanski & Associates, Inc. RIA/Wealth | 3.03% $11.4M |
S Stonebridge Wealth Management, LLC RIA/Wealth | 2.72% $3.2M |
 Delos Wealth Advisors, LLC RIA/Wealth | 2.42% $3.6M |
G Gunma Bank,Ltd. Institution | 2.30% $7.2M |
WJ Financial Advisors LLC RIA/Wealth | 1.97% $2.0M |
F Fusion Capital, LLC RIA/Wealth | 1.72% $5.9M |
P Portland Financial Advisors Inc Institution | 1.61% $754.2K |
 Pinnacle Wealth Management Group, Inc. RIA/Wealth | 1.47% $2.8M |
 Lynx Investment Advisory RIA/Wealth | 1.45% $2.4M |