Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 18.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,600 shares of the company’s stock after selling 1,036 shares during the period. Oppenheimer Asset Management Inc. owned 0.10% of Invesco S&P 500 High Beta ETF worth $360,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC acquired a new position in Invesco S&P 500 High Beta ETF during the 4th quarter worth $81,000. EHP Funds Inc. acquired a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter worth about $8,697,000. Bank of America Corp DE grew its position in Invesco S&P 500 High Beta ETF by 15.8% in the 4th quarter. Bank of America Corp DE now owns 103,857 shares of the company’s stock valued at $9,207,000 after buying an additional 14,155 shares in the last quarter. BNP Paribas Financial Markets grew its position in Invesco S&P 500 High Beta ETF by 50.4% in the 4th quarter. BNP Paribas Financial Markets now owns 143,151 shares of the company’s stock valued at $12,690,000 after buying an additional 48,002 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Invesco S&P 500 High Beta ETF by 3.1% during the 4th quarter. Ameriprise Financial Inc. now owns 55,815 shares of the company’s stock valued at $4,948,000 after buying an additional 1,699 shares during the period.

Invesco S&P 500 High Beta ETF Price Performance

Invesco S&P 500 High Beta ETF stock opened at $97.53 on Tuesday. Invesco S&P 500 High Beta ETF has a 12-month low of $64.40 and a 12-month high of $97.87. The stock has a market capitalization of $385.24 million, a PE ratio of 20.84 and a beta of 1.49. The firm has a 50 day simple moving average of $87.93 and a 200-day simple moving average of $86.45.

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.