Creative Planning Cuts Stock Position in Invesco S&P 500 High Beta ETF $SPHB

Creative Planning lessened its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBFree Report) by 8.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,509 shares of the company’s stock after selling 1,700 shares during the quarter. Creative Planning owned about 0.42% of Invesco S&P 500 High Beta ETF worth $1,805,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in SPHB. National Bank of Canada FI lifted its holdings in Invesco S&P 500 High Beta ETF by 526.6% during the 1st quarter. National Bank of Canada FI now owns 1,529 shares of the company’s stock worth $120,000 after buying an additional 1,285 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the second quarter worth $213,000. 1858 Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the second quarter valued at $213,000. XML Financial LLC purchased a new position in Invesco S&P 500 High Beta ETF in the second quarter valued at $243,000. Finally, Focus Partners Advisor Solutions LLC acquired a new position in Invesco S&P 500 High Beta ETF during the 2nd quarter worth $311,000.

Invesco S&P 500 High Beta ETF Price Performance

SPHB stock opened at $112.05 on Thursday. The business’s 50-day moving average is $111.48 and its two-hundred day moving average is $103.07. The firm has a market capitalization of $535.60 million, a P/E ratio of 20.84 and a beta of 1.47. Invesco S&P 500 High Beta ETF has a 1 year low of $64.40 and a 1 year high of $116.77.

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.

Further Reading

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

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