Invesco S&P 500 High Beta ETF $SPHB Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 271,263.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,109 shares of the company’s stock after purchasing an additional 141,057 shares during the quarter. NewEdge Advisors LLC owned approximately 2.35% of Invesco S&P 500 High Beta ETF worth $16,362,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC grew its position in Invesco S&P 500 High Beta ETF by 1.7% during the fourth quarter. Stratos Wealth Advisors LLC now owns 5,800 shares of the company’s stock valued at $678,000 after buying an additional 99 shares during the period. Advisors Preferred LLC grew its position in shares of 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 valued at $1,095,000 after acquiring an additional 100 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of Invesco S&P 500 High Beta ETF by 43.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 328 shares of the company’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco S&P 500 High Beta ETF by 0.7% in the 4th quarter. Cetera Investment Advisers now owns 22,789 shares of the company’s stock valued at $2,666,000 after purchasing an additional 158 shares in the last quarter. Finally, Avant Capital LLC raised its holdings in Invesco S&P 500 High Beta ETF by 6.1% in the 4th quarter. Avant Capital LLC now owns 3,636 shares of the company’s stock worth $425,000 after purchasing an additional 209 shares during the period.

Invesco S&P 500 High Beta ETF Trading Down 3.2%

NYSEARCA SPHB opened at $134.64 on Thursday. The stock has a market capitalization of $939.79 million, a price-to-earnings ratio of 20.84 and a beta of 1.40. The stock has a 50-day moving average of $147.45 and a 200 day moving average of $132.76. Invesco S&P 500 High Beta ETF has a twelve month low of $98.85 and a twelve month high of $157.57.

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.