Vontobel Holding Ltd. bought a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,182 shares of the company’s stock, valued at approximately $510,000. Vontobel Holding Ltd. owned 0.07% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. CWM LLC grew its position in shares of Invesco S&P 500 High Beta ETF by 33.4% in the 3rd quarter. CWM LLC now owns 1,197 shares of the company’s stock worth $84,000 after buying an additional 300 shares during the period. KFG Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter worth about $7,369,000. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco S&P 500 High Beta ETF by 104.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 110,885 shares of the company’s stock worth $7,773,000 after buying an additional 56,670 shares during the period. Stratos Wealth Advisors LLC grew its position in shares of Invesco S&P 500 High Beta ETF by 9.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 5,458 shares of the company’s stock worth $383,000 after buying an additional 456 shares during the period. Finally, WESPAC Advisors LLC grew its position in shares of Invesco S&P 500 High Beta ETF by 100.0% in the 3rd quarter. WESPAC Advisors LLC now owns 10,000 shares of the company’s stock worth $701,000 after buying an additional 5,000 shares during the period.
Invesco S&P 500 High Beta ETF Price Performance
NYSEARCA:SPHB opened at $80.84 on Tuesday. The firm’s 50-day moving average price is $84.28 and its 200-day moving average price is $78.46. The company has a market capitalization of $598.22 million, a PE 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.
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.
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