Winter & Associates Inc. increased its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) by 8.2% during the third quarter, Holdings Channel reports. The institutional investor owned 53,341 shares of the company’s stock after purchasing an additional 4,039 shares during the period. Invesco S&P 500 High Beta ETF comprises about 5.4% of Winter & Associates Inc.’s portfolio, making the stock its 4th largest holding. Winter & Associates Inc.’s holdings in Invesco S&P 500 High Beta ETF were worth $7,542,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also added to or reduced their stakes in SPHB. NewEdge Advisors LLC grew its stake in Invesco S&P 500 High Beta ETF by 1.8% in the second quarter. NewEdge Advisors LLC now owns 143,770 shares of the company’s stock valued at $22,369,000 after acquiring an additional 2,609 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 High Beta ETF by 70.9% during the second quarter. Envestnet Asset Management Inc. now owns 50,126 shares of the company’s stock worth $7,799,000 after purchasing an additional 20,797 shares during the period. Hutchens & Kramer Investment Management Group LLC raised its position in shares of Invesco S&P 500 High Beta ETF by 3.9% during the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 32,356 shares of the company’s stock worth $5,034,000 after purchasing an additional 1,200 shares during the period. Ayalon Insurance Comp Ltd. acquired a new position in shares of Invesco S&P 500 High Beta ETF during the third quarter worth approximately $4,062,000. Finally, NTV Asset Management LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF during the third quarter worth approximately $3,848,000.
Invesco S&P 500 High Beta ETF Price Performance
Shares of SPHB opened at $136.00 on Monday. Invesco S&P 500 High Beta ETF has a 12-month low of $103.31 and a 12-month high of $157.59. The business’s fifty day moving average is $147.83 and its 200 day moving average is $144.49. The stock has a market cap of $799.68 million, a P/E ratio of 20.84 and a beta of 1.44.
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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