Hilltop Holdings Inc. Has $3.23 Million Stock Holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Hilltop Holdings Inc. raised its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 56.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,183 shares of the company’s stock after purchasing an additional 14,133 shares during the period. Hilltop Holdings Inc. owned approximately 0.45% of Invesco S&P 500 High Beta ETF worth $3,229,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 High Beta ETF by 629.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 912 shares of the company’s stock worth $75,000 after buying an additional 787 shares in the last quarter. CWM LLC raised its stake in Invesco S&P 500 High Beta ETF by 33.2% during the fourth quarter. CWM LLC now owns 1,595 shares of the company’s stock worth $131,000 after acquiring an additional 398 shares in the last quarter. Atria Wealth Solutions Inc. bought a new position in shares of Invesco S&P 500 High Beta ETF in the fourth quarter worth about $224,000. Private Advisory Group LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at approximately $237,000. Finally, Vigilare Wealth Management bought a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at approximately $252,000.

Invesco S&P 500 High Beta ETF Price Performance

SPHB stock traded up $0.96 during trading on Friday, reaching $84.54. 236,976 shares of the company were exchanged, compared to its average volume of 626,256. Invesco S&P 500 High Beta ETF has a twelve month low of $63.15 and a twelve month high of $88.09. The company has a market capitalization of $600.23 million, a price-to-earnings ratio of 22.23 and a beta of 1.48. The company has a 50-day moving average of $84.09 and a two-hundred day moving average of $81.24.

About Invesco S&P 500 High Beta ETF

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.