Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $124.65 and last traded at $121.93, with a volume of 59108 shares traded. The stock had previously closed at $123.53.
Invesco S&P 500 High Beta ETF Price Performance
The firm has a market cap of $684.92 million, a price-to-earnings ratio of 20.84 and a beta of 1.47. The stock has a 50-day moving average of $118.40 and a 200-day moving average of $111.44.
Hedge Funds Weigh In On Invesco S&P 500 High Beta ETF
Several hedge funds have recently bought and sold shares of the company. Founders Financial Alliance LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at approximately $36,000. Chesapeake Asset Management LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth approximately $41,000. Delos Wealth Advisors LLC bought a new position in Invesco S&P 500 High Beta ETF in the second quarter valued at approximately $38,000. Realta Investment Advisors bought a new position in Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $74,000. Finally, Optiver Holding B.V. acquired a new position in Invesco S&P 500 High Beta ETF during the third quarter valued at approximately $77,000.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 High Beta ETF
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for Invesco S&P 500 High Beta ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 High Beta ETF and related companies with MarketBeat.com's FREE daily email newsletter.
