Brooklyn Investment Group Takes $300,000 Position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD)

Brooklyn Investment Group purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) during the 4th quarter, Holdings Channel.com reports. The firm purchased 6,203 shares of the company’s stock, valued at approximately $300,000.

Other large investors also recently bought and sold shares of the company. Saxon Interests Inc. grew its stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF by 91.6% in the 4th quarter. Saxon Interests Inc. now owns 29,964 shares of the company’s stock worth $1,448,000 after buying an additional 14,324 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new position in Invesco S&P 500 High Dividend Low Volatility ETF in the fourth quarter worth about $34,000. Grandview Asset Management LLC bought a new stake in Invesco S&P 500 High Dividend Low Volatility ETF during the fourth quarter worth approximately $213,000. Pinnacle Wealth Management Group Inc. raised its position in Invesco S&P 500 High Dividend Low Volatility ETF by 4.7% during the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 59,166 shares of the company’s stock valued at $2,858,000 after purchasing an additional 2,664 shares during the period. Finally, Miracle Mile Advisors LLC bought a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at approximately $515,000.

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

NYSEARCA SPHD opened at $48.73 on Friday. The business’s 50 day moving average price is $49.37 and its 200-day moving average price is $48.92. 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 cap of $3.25 billion, a P/E ratio of 17.13 and a beta of 0.64.

About Invesco S&P 500 High Dividend Low Volatility ETF

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.