Money Concepts Capital Corp Makes New $3.31 Million Investment in Invesco S&P 500 High Beta ETF $SPHB

Money Concepts Capital Corp purchased a new position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 28,308 shares of the company’s stock, valued at approximately $3,311,000. Money Concepts Capital Corp owned 0.51% of Invesco S&P 500 High Beta ETF at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Stratos Wealth Advisors LLC grew its holdings in Invesco S&P 500 High Beta ETF by 1.7% during the 4th quarter. Stratos Wealth Advisors LLC now owns 5,800 shares of the company’s stock worth $678,000 after acquiring an additional 99 shares during the period. Advisors Preferred LLC grew its holdings in Invesco S&P 500 High Beta ETF by 1.1% during the 4th quarter. Advisors Preferred LLC now owns 9,200 shares of the company’s stock worth $1,095,000 after acquiring an additional 100 shares during the period. Cornerstone Planning Group LLC acquired a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter worth about $28,000. Founders Financial Alliance LLC acquired a new stake in Invesco S&P 500 High Beta ETF during the 3rd quarter worth about $36,000. Finally, Avant Capital LLC grew its holdings in Invesco S&P 500 High Beta ETF by 11.0% during the 3rd quarter. Avant Capital LLC now owns 3,427 shares of the company’s stock worth $376,000 after acquiring an additional 339 shares during the period.

Invesco S&P 500 High Beta ETF Trading Up 0.5%

Shares of Invesco S&P 500 High Beta ETF stock opened at $142.31 on Tuesday. The business has a 50-day moving average price of $124.34 and a two-hundred day moving average price of $120.30. Invesco S&P 500 High Beta ETF has a 1-year low of $85.44 and a 1-year high of $142.59. The company has a market cap of $853.86 million, a P/E ratio of 20.84 and a beta of 1.39.

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.