Invesco S&P 500 High Beta ETF $SPHB Position Boosted by Winter & Associates Inc.

Winter & Associates Inc. lifted its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 8.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,341 shares of the company’s stock after buying an additional 4,039 shares during the quarter. Invesco S&P 500 High Beta ETF comprises approximately 5.4% of Winter & Associates Inc.’s investment portfolio, making the stock its 4th largest holding. Winter & Associates Inc. owned about 0.91% of Invesco S&P 500 High Beta ETF worth $7,542,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. NTV Asset Management LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at $3,848,000. Capital Investment Advisors LLC bought a new position in Invesco S&P 500 High Beta ETF during the third quarter worth $204,000. Visionary Horizons LLC boosted its stake in Invesco S&P 500 High Beta ETF by 2.2% during the third quarter. Visionary Horizons LLC now owns 14,134 shares of the company’s stock worth $2,130,000 after acquiring an additional 306 shares in the last quarter. Commonwealth Financial Services LLC acquired a new stake in Invesco S&P 500 High Beta ETF in the third quarter worth $313,000. Finally, Hutchens & Kramer Investment Management Group LLC grew its holdings in Invesco S&P 500 High Beta ETF by 1.2% in the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 32,732 shares of the company’s stock worth $4,934,000 after purchasing an additional 376 shares during the period.

Invesco S&P 500 High Beta ETF Stock Performance

NYSEARCA: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 stock has a market capitalization of $799.68 million, a price-to-earnings ratio of 20.84 and a beta of 1.44. The firm has a fifty day simple moving average of $147.83 and a two-hundred day simple moving average of $144.49.

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.