Allianz SE purchased a new position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 223,509 shares of the company’s stock, valued at approximately $21,799,000. Allianz SE owned approximately 5.11% of Invesco S&P 500 High Beta ETF at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of SPHB. National Bank of Canada FI lifted its position in shares of Invesco S&P 500 High Beta ETF by 526.6% in the first quarter. National Bank of Canada FI now owns 1,529 shares of the company’s stock worth $120,000 after purchasing an additional 1,285 shares in the last quarter. 1858 Wealth Management LLC acquired a new stake in Invesco S&P 500 High Beta ETF during the second quarter worth approximately $213,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the second quarter worth $213,000. XML Financial LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter worth approximately $243,000. Finally, Focus Partners Advisor Solutions LLC bought a new position in Invesco S&P 500 High Beta ETF in the 2nd quarter valued at about $311,000.
Invesco S&P 500 High Beta ETF Stock Performance
Shares of SPHB opened at $114.02 on Thursday. The business’s fifty day moving average is $111.11 and its 200-day moving average is $101.14. Invesco S&P 500 High Beta ETF has a 52-week low of $64.40 and a 52-week high of $116.77. The firm has a market cap of $545.02 million, a price-to-earnings ratio of 20.84 and a beta of 1.47.
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.
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