Cetera Investment Advisers increased its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) by 29.9% in the first quarter, Holdings Channel.com reports. The fund owned 29,595 shares of the company’s stock after purchasing an additional 6,806 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P 500 High Beta ETF were worth $3,432,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC bought a new stake in Invesco S&P 500 High Beta ETF in the 4th quarter valued at $28,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at about $49,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at about $108,000. Headlands Technologies LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter valued at about $104,000. Finally, Fischer Investment Strategies LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter valued at about $217,000.
Invesco S&P 500 High Beta ETF Trading Down 0.4%
Shares of SPHB stock opened at $148.42 on Thursday. Invesco S&P 500 High Beta ETF has a 12-month low of $100.30 and a 12-month high of $157.57. The stock’s 50-day moving average price is $147.53 and its 200-day moving average price is $133.50. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 20.84 and a beta of 1.42.
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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Want to see what other hedge funds are holding SPHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report).
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