AE Wealth Management LLC Grows Stock Position in Invesco S&P 500 High Beta ETF $SPHB

AE Wealth Management LLC boosted its holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBFree Report) by 4,342.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,863 shares of the company’s stock after acquiring an additional 7,686 shares during the period. AE Wealth Management LLC owned 0.18% of Invesco S&P 500 High Beta ETF worth $767,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. National Bank of Canada FI raised its position in 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 valued at $120,000 after purchasing an additional 1,285 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter worth about $213,000. 1858 Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter worth about $213,000. XML Financial LLC purchased a new stake in Invesco S&P 500 High Beta ETF in the 2nd quarter valued at about $243,000. Finally, Focus Partners Advisor Solutions LLC acquired a new position in Invesco S&P 500 High Beta ETF in the second quarter valued at about $311,000.

Invesco S&P 500 High Beta ETF Price Performance

Shares of SPHB stock opened at $110.74 on Friday. Invesco S&P 500 High Beta ETF has a 1-year low of $64.40 and a 1-year high of $116.77. The firm has a market cap of $529.34 million, a PE ratio of 20.84 and a beta of 1.47. The company has a 50-day moving average of $111.22 and a two-hundred day moving average of $101.21.

About Invesco S&P 500 High Beta ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

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