NewEdge Advisors LLC Acquires 141,109 Shares of Invesco S&P 500 High Beta ETF $SPHB

NewEdge Advisors LLC lifted its stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 271,363.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,161 shares of the company’s stock after purchasing an additional 141,109 shares during the period. NewEdge Advisors LLC owned 2.35% of Invesco S&P 500 High Beta ETF worth $16,368,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SPHB. BNP Paribas Financial Markets lifted its position in Invesco S&P 500 High Beta ETF by 13.8% during the second quarter. BNP Paribas Financial Markets now owns 142,593 shares of the company’s stock valued at $13,907,000 after purchasing an additional 17,300 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Invesco S&P 500 High Beta ETF in the second quarter worth about $104,000. UBS Group AG raised its stake in shares of Invesco S&P 500 High Beta ETF by 42.8% in the third quarter. UBS Group AG now owns 43,430 shares of the company’s stock worth $4,769,000 after buying an additional 13,011 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Invesco S&P 500 High Beta ETF in the third quarter worth about $2,212,000. Finally, Ameriprise Financial Inc. lifted its position in shares of Invesco S&P 500 High Beta ETF by 185.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 27,458 shares of the company’s stock valued at $3,015,000 after buying an additional 17,824 shares in the last quarter.

Invesco S&P 500 High Beta ETF Stock Up 1.6%

SPHB stock opened at $147.90 on Friday. The business’s 50-day moving average price is $147.44 and its 200-day moving average price is $133.77. The stock has a market cap of $1.02 billion, a P/E ratio of 20.84 and a beta of 1.42. Invesco S&P 500 High Beta ETF has a twelve month low of $100.30 and a twelve month high of $157.57.

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.