Simplex Trading LLC Invests $432,000 in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Simplex Trading LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) in the fourth quarter, Holdings Channel reports. The firm purchased 5,254 shares of the company’s stock, valued at approximately $432,000.

A number of other hedge funds have also bought and sold shares of SPHB. Atria Wealth Solutions Inc. purchased a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter worth about $224,000. Cumberland Partners Ltd increased its stake in shares of Invesco S&P 500 High Beta ETF by 76.8% during the 4th quarter. Cumberland Partners Ltd now owns 51,805 shares of the company’s stock worth $4,247,000 after purchasing an additional 22,505 shares during the last quarter. Legacy Financial Strategies LLC raised its holdings in shares of Invesco S&P 500 High Beta ETF by 4.2% in the 4th quarter. Legacy Financial Strategies LLC now owns 10,505 shares of the company’s stock worth $866,000 after purchasing an additional 420 shares during the period. Capital Investment Advisory Services LLC raised its holdings in shares of Invesco S&P 500 High Beta ETF by 6.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 16,808 shares of the company’s stock worth $1,385,000 after purchasing an additional 1,075 shares during the period. Finally, CWM LLC lifted its stake in Invesco S&P 500 High Beta ETF by 33.2% in the fourth quarter. CWM LLC now owns 1,595 shares of the company’s stock valued at $131,000 after purchasing an additional 398 shares during the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

NYSEARCA:SPHB opened at $82.67 on Monday. The company has a market capitalization of $586.96 million, a P/E ratio of 22.23 and a beta of 1.48. The business has a fifty day simple moving average of $84.20 and a two-hundred day simple moving average of $79.28. Invesco S&P 500 High Beta ETF has a 1 year low of $63.15 and a 1 year high of $88.09.

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.