Invesco S&P 500 High Beta ETF $SPHB Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC cut its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 27.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,737 shares of the company’s stock after selling 7,908 shares during the quarter. Focus Partners Advisor Solutions LLC owned 0.37% of Invesco S&P 500 High Beta ETF worth $2,426,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Stratos Wealth Advisors LLC lifted its stake 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 purchasing an additional 99 shares during the last quarter. Advisors Preferred LLC lifted its stake in Invesco S&P 500 High Beta ETF by 1.1% during the fourth quarter. Advisors Preferred LLC now owns 9,200 shares of the company’s stock valued at $1,095,000 after purchasing an additional 100 shares during the last quarter. Cornerstone Planning Group LLC acquired a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter valued at approximately $28,000. Founders Financial Alliance LLC acquired a new stake in Invesco S&P 500 High Beta ETF during the third quarter valued at approximately $36,000. Finally, Avant Capital LLC lifted its stake in Invesco S&P 500 High Beta ETF by 11.0% during the third quarter. Avant Capital LLC now owns 3,427 shares of the company’s stock valued at $376,000 after purchasing an additional 339 shares during the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

SPHB stock opened at $139.70 on Thursday. Invesco S&P 500 High Beta ETF has a 12 month low of $90.68 and a 12 month high of $153.31. The firm has a market cap of $838.20 million, a PE ratio of 20.84 and a beta of 1.41. The firm has a 50 day simple moving average of $135.46 and a 200 day simple moving average of $125.17.

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.