International Assets Investment Management LLC Takes Position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

International Assets Investment Management LLC bought a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 71,667 shares of the company’s stock, valued at approximately $5,905,000. International Assets Investment Management LLC owned approximately 0.83% of Invesco S&P 500 High Beta ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHB. D.A. Davidson & CO. raised its holdings in Invesco S&P 500 High Beta ETF by 2.9% during the 3rd quarter. D.A. Davidson & CO. now owns 26,398 shares of the company’s stock worth $1,850,000 after purchasing an additional 756 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Invesco S&P 500 High Beta ETF by 69.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 44,913 shares of the company’s stock worth $3,148,000 after buying an additional 18,351 shares during the period. Vigilare Wealth Management acquired a new position in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth about $252,000. Synergy Asset Management LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF during the 4th quarter worth about $3,152,000. Finally, HighTower Advisors LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF during the 3rd quarter worth about $488,000.

Invesco S&P 500 High Beta ETF Trading Down 1.4 %

Invesco S&P 500 High Beta ETF stock opened at $81.77 on Tuesday. The firm has a market capitalization of $605.10 million, a P/E ratio of 22.43 and a beta of 1.50. Invesco S&P 500 High Beta ETF has a 1 year low of $63.15 and a 1 year high of $88.09. The business has a 50-day moving average of $84.50 and a 200-day moving average of $78.05.

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.