Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Sets New 1-Year High – Here’s What Happened

Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $133.77 and last traded at $133.71, with a volume of 5823 shares traded. The stock had previously closed at $132.77.

Invesco S&P 500 High Beta ETF Trading Up 1.0%

The company has a 50 day moving average price of $121.10 and a 200 day moving average price of $118.09. The firm has a market cap of $677.10 million, a PE ratio of 20.84 and a beta of 1.37.

Institutional Investors Weigh In On Invesco S&P 500 High Beta ETF

Institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth approximately $28,000. Founders Financial Alliance LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 3rd quarter worth approximately $36,000. Chesapeake Asset Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth approximately $41,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth approximately $49,000. Finally, Realta Investment Advisors purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth approximately $74,000.

Invesco S&P 500 High Beta ETF Company Profile

(Get Free Report)

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.

Further Reading

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