SteelPeak Wealth LLC Grows Stake in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

SteelPeak Wealth LLC grew its holdings in shares of Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) by 243.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 74,906 shares of the company’s stock after buying an additional 53,100 shares during the period. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 High Dividend Low Volatility ETF were worth $3,619,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Curran Financial Partners LLC increased its position in Invesco S&P 500 High Dividend Low Volatility ETF by 20.2% during the 4th quarter. Curran Financial Partners LLC now owns 22,230 shares of the company’s stock valued at $1,074,000 after purchasing an additional 3,732 shares during the period. Crescent Grove Advisors LLC boosted its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 10.4% during the 4th quarter. Crescent Grove Advisors LLC now owns 9,084 shares of the company’s stock valued at $439,000 after purchasing an additional 853 shares in the last quarter. Park Edge Advisors LLC increased its position in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 167.8% during the fourth quarter. Park Edge Advisors LLC now owns 69,920 shares of the company’s stock valued at $3,378,000 after buying an additional 43,809 shares during the period. AlphaMark Advisors LLC bought a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth about $237,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Invesco S&P 500 High Dividend Low Volatility ETF by 0.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 88,100 shares of the company’s stock worth $4,256,000 after buying an additional 500 shares during the period.

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

SPHD stock opened at $48.82 on Wednesday. Invesco S&P 500 High Dividend Low Volatility ETF has a fifty-two week low of $40.84 and a fifty-two week high of $51.89. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 17.13 and a beta of 0.64. The business’s 50 day moving average price is $49.18 and its two-hundred day moving average price is $49.15.

Invesco S&P 500 High Dividend Low Volatility ETF 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.