D.A. Davidson & CO. cut its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) by 5.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,455 shares of the company’s stock after selling 798 shares during the quarter. D.A. Davidson & CO. owned approximately 0.20% of Invesco S&P 500 High Beta ETF worth $1,281,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in SPHB. National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the third quarter worth $91,000. Q3 Asset Management bought a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter worth about $11,242,000. Bank of Montreal Can lifted its stake in shares of Invesco S&P 500 High Beta ETF by 448.6% in the 3rd quarter. Bank of Montreal Can now owns 47,903 shares of the company’s stock valued at $4,291,000 after purchasing an additional 39,171 shares during the period. Stratos Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 High Beta ETF by 4.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 5,846 shares of the company’s stock valued at $518,000 after purchasing an additional 237 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in Invesco S&P 500 High Beta ETF by 5.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 31,102 shares of the company’s stock worth $2,757,000 after purchasing an additional 1,640 shares during the period.
Invesco S&P 500 High Beta ETF Stock Performance
Shares of SPHB opened at $90.90 on Monday. The firm has a market cap of $645.39 million, a PE ratio of 22.23 and a beta of 1.48. Invesco S&P 500 High Beta ETF has a 52-week low of $75.86 and a 52-week high of $96.15. The business’s 50 day moving average price is $91.47 and its two-hundred day moving average price is $89.49.
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.
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