Wealthcare Advisory Partners LLC Invests $776,000 in Invesco S&P 500 High Beta ETF $SPHB

Wealthcare Advisory Partners LLC purchased a new position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,631 shares of the company’s stock, valued at approximately $776,000. Wealthcare Advisory Partners LLC owned approximately 0.13% of Invesco S&P 500 High Beta ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SPHB. Synergy Asset Management LLC bought a new position in shares of Invesco S&P 500 High Beta ETF in the fourth quarter worth approximately $2,660,000. Chesapeake Asset Management LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF during the fourth quarter valued at approximately $41,000. Hutchens & Kramer Investment Management Group LLC purchased a new position in Invesco S&P 500 High Beta ETF in the 4th quarter worth approximately $598,000. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 High Beta ETF by 26.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,681 shares of the company’s stock valued at $953,000 after acquiring an additional 1,803 shares in the last quarter. Finally, Mariner LLC purchased a new stake in Invesco S&P 500 High Beta ETF during the 3rd quarter valued at $1,130,000.

Invesco S&P 500 High Beta ETF Trading Up 4.1%

Invesco S&P 500 High Beta ETF stock opened at $115.95 on Wednesday. The firm has a market cap of $648.16 million, a price-to-earnings ratio of 20.84 and a beta of 1.47. The stock has a fifty day simple moving average of $120.76 and a two-hundred day simple moving average of $116.76. Invesco S&P 500 High Beta ETF has a 12 month low of $64.40 and a 12 month high of $126.59.

Invesco S&P 500 High Beta ETF Profile

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.