Money Concepts Capital Corp purchased a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 28,308 shares of the company’s stock, valued at approximately $3,311,000.
Several other large investors have also added to or reduced their stakes in SPHB. BNP Paribas Financial Markets lifted its position in Invesco S&P 500 High Beta ETF by 13.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 142,593 shares of the company’s stock valued at $13,907,000 after acquiring an additional 17,300 shares in the last quarter. Headlands Technologies LLC bought a new position in Invesco S&P 500 High Beta ETF in the 2nd quarter valued at about $104,000. Q3 Asset Management bought a new position in Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $256,000. Bank Hapoalim BM bought a new position in Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $9,443,000. Finally, Jones Financial Companies Lllp lifted its position in Invesco S&P 500 High Beta ETF by 75.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 19,786 shares of the company’s stock valued at $2,165,000 after acquiring an additional 8,523 shares in the last quarter.
Invesco S&P 500 High Beta ETF Stock Performance
Shares of NYSEARCA SPHB opened at $142.31 on Tuesday. Invesco S&P 500 High Beta ETF has a fifty-two week low of $85.44 and a fifty-two week high of $142.59. The stock has a market cap of $853.86 million, a price-to-earnings ratio of 20.84 and a beta of 1.39. The firm’s 50-day simple moving average is $124.34 and its 200 day simple moving average is $120.30.
Invesco S&P 500 High Beta ETF Company 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.
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