Boston Financial Mangement LLC Acquires Shares of 3,085 Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Boston Financial Mangement LLC acquired a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,085 shares of the company’s stock, valued at approximately $273,000.

Other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its position in shares of Invesco S&P 500 High Beta ETF by 642.9% during the 4th quarter. Global Retirement Partners LLC now owns 520 shares of the company’s stock worth $46,000 after purchasing an additional 450 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 3rd quarter worth $91,000. HBW Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth $214,000. Vontobel Holding Ltd. purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 3rd quarter worth $217,000. Finally, Plotkin Financial Advisors LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 3rd quarter worth $454,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of NYSEARCA SPHB opened at $94.09 on Friday. Invesco S&P 500 High Beta ETF has a one year low of $75.86 and a one year high of $96.15. The company’s fifty day moving average is $91.52 and its two-hundred day moving average is $89.25. The firm has a market capitalization of $668.04 million, a P/E ratio of 22.23 and a beta of 1.48.

About Invesco S&P 500 High Beta ETF

The Invesco S&P 500 High Beta ETF (SPHB) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund tracks a beta-weighted index of the 100 highest-beta stocks in the S&P 500. SPHB was launched on May 5, 2011 and is managed by Invesco.