Walleye Trading LLC purchased a new position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 4,601 shares of the company’s stock, valued at approximately $449,000.
Other hedge funds also recently modified their holdings of the company. TRUE Private Wealth Advisors acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the second quarter worth $808,000. Allianz SE bought a new stake in Invesco S&P 500 High Beta ETF in the 2nd quarter valued at $21,799,000. AE Wealth Management LLC grew its position in Invesco S&P 500 High Beta ETF by 4,342.4% in the 2nd quarter. AE Wealth Management LLC now owns 7,863 shares of the company’s stock worth $767,000 after purchasing an additional 7,686 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter worth about $311,000. Finally, Stratos Wealth Advisors LLC raised its position in shares of Invesco S&P 500 High Beta ETF by 3.8% during the second quarter. Stratos Wealth Advisors LLC now owns 5,829 shares of the company’s stock valued at $569,000 after buying an additional 212 shares during the last quarter.
Invesco S&P 500 High Beta ETF Trading Up 0.4%
Shares of NYSEARCA SPHB opened at $118.17 on Wednesday. The business has a fifty day simple moving average of $112.45 and a 200 day simple moving average of $104.85. The firm has a market capitalization of $564.85 million, a price-to-earnings ratio of 20.84 and a beta of 1.47. Invesco S&P 500 High Beta ETF has a one year low of $64.40 and a one year high of $118.85.
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.
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