SteelPeak Wealth LLC Boosts Stock Position in Invesco S&P 500 Low Volatility ETF $SPLV

SteelPeak Wealth LLC lifted its stake in shares of Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) by 62.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,009 shares of the company’s stock after acquiring an additional 26,867 shares during the quarter. SteelPeak Wealth LLC’s holdings in Invesco S&P 500 Low Volatility ETF were worth $5,000,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Retireful LLC purchased a new position in Invesco S&P 500 Low Volatility ETF during the fourth quarter valued at approximately $355,000. Trinity Wealth Management LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 0.5% in the fourth quarter. Trinity Wealth Management LLC now owns 33,502 shares of the company’s stock worth $2,393,000 after purchasing an additional 180 shares in the last quarter. Nilsine Partners LLC increased its stake in shares of Invesco S&P 500 Low Volatility ETF by 6.5% in the fourth quarter. Nilsine Partners LLC now owns 152,110 shares of the company’s stock worth $10,864,000 after purchasing an additional 9,240 shares in the last quarter. Dominguez Wealth Management Solutions Inc. raised its position in shares of Invesco S&P 500 Low Volatility ETF by 6.1% during the 4th quarter. Dominguez Wealth Management Solutions Inc. now owns 154,743 shares of the company’s stock valued at $11,052,000 after purchasing an additional 8,830 shares during the period. Finally, Great Waters Wealth Management raised its position in shares of Invesco S&P 500 Low Volatility ETF by 3.3% during the 4th quarter. Great Waters Wealth Management now owns 23,302 shares of the company’s stock valued at $1,664,000 after purchasing an additional 744 shares during the period.

Invesco S&P 500 Low Volatility ETF Stock Performance

SPLV opened at $73.91 on Friday. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 24.11 and a beta of 0.62. The firm’s fifty day moving average is $74.66 and its 200 day moving average is $72.95. Invesco S&P 500 Low Volatility ETF has a fifty-two week low of $67.13 and a fifty-two week high of $77.74.

Invesco S&P 500 Low Volatility ETF Profile

The Invesco S&P 500 Low Volatility ETF (SPLV) is an exchange-traded fund that is based on the S&P 500 Low Volatility index. The fund tracks a volatility-weighted index of the 100 least-volatile stocks in the S&P 500. SPLV was launched on May 5, 2011 and is managed by Invesco.