Osaic Holdings Inc. Acquires 11,411 Shares of Invesco S&P 500 High Beta ETF $SPHB

Osaic Holdings Inc. lifted its holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 86.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,612 shares of the company’s stock after acquiring an additional 11,411 shares during the period. Osaic Holdings Inc. owned 0.53% of Invesco S&P 500 High Beta ETF worth $2,373,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada boosted its stake in Invesco S&P 500 High Beta ETF by 13.3% in the 1st quarter. Royal Bank of Canada now owns 137,049 shares of the company’s stock worth $10,726,000 after purchasing an additional 16,132 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P 500 High Beta ETF by 1,500.2% in the first quarter. Jones Financial Companies Lllp now owns 76,121 shares of the company’s stock worth $5,957,000 after buying an additional 71,364 shares in the last quarter. Coppell Advisory Solutions LLC lifted its holdings in shares of Invesco S&P 500 High Beta ETF by 5,429.8% in the first quarter. Coppell Advisory Solutions LLC now owns 26,377 shares of the company’s stock worth $2,064,000 after buying an additional 25,900 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter worth $213,000. Finally, Sowell Financial Services LLC purchased a new position in Invesco S&P 500 High Beta ETF during the second quarter valued at $1,278,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of NYSEARCA SPHB opened at $119.61 on Friday. The company has a market cap of $571.74 million, a P/E ratio of 20.84 and a beta of 1.47. Invesco S&P 500 High Beta ETF has a 52-week low of $64.40 and a 52-week high of $121.11. The firm’s fifty day moving average is $114.36 and its two-hundred day moving average is $107.38.

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.