SteelPeak Wealth LLC Buys 128,786 Shares of Invesco S&P 500 High Dividend Low Volatility ETF $SPHD

SteelPeak Wealth LLC lifted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 1,124.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 140,236 shares of the company’s stock after purchasing an additional 128,786 shares during the quarter. SteelPeak Wealth LLC owned 0.22% of Invesco S&P 500 High Dividend Low Volatility ETF worth $6,731,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Horizon Investments LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth approximately $44,000. Bessemer Group Inc. lifted its position in Invesco S&P 500 High Dividend Low Volatility ETF by 118.1% during the third quarter. Bessemer Group Inc. now owns 1,154 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares during the last quarter. MAI Capital Management grew its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 89.9% in the 3rd quarter. MAI Capital Management now owns 1,223 shares of the company’s stock worth $60,000 after buying an additional 579 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth approximately $68,000. Finally, Root Financial Partners LLC bought a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 3rd quarter worth $94,000.

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

Shares of SPHD stock opened at $49.60 on Friday. The business has a 50-day moving average price of $50.79 and a two-hundred day moving average price of $49.23. Invesco S&P 500 High Dividend Low Volatility ETF has a 12-month low of $43.39 and a 12-month high of $53.07. The firm has a market cap of $3.59 billion, a P/E ratio of 15.77 and a beta of 0.72.

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.