Bank Hapoalim BM Buys New Holdings in Invesco S&P 500 High Beta ETF $SPHB

Bank Hapoalim BM purchased a new position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 86,000 shares of the company’s stock, valued at approximately $9,443,000. Invesco S&P 500 High Beta ETF makes up approximately 1.2% of Bank Hapoalim BM’s holdings, making the stock its 26th largest holding. Bank Hapoalim BM owned about 1.91% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPHB. Allianz SE acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter valued at about $21,799,000. BNP Paribas Financial Markets lifted its stake in Invesco S&P 500 High Beta ETF by 13.8% during the second quarter. BNP Paribas Financial Markets now owns 142,593 shares of the company’s stock worth $13,907,000 after purchasing an additional 17,300 shares during the period. Commonwealth Financial Services LLC bought a new position in Invesco S&P 500 High Beta ETF during the second quarter worth about $4,473,000. Osaic Holdings Inc. boosted its holdings in Invesco S&P 500 High Beta ETF by 86.4% during the second quarter. Osaic Holdings Inc. now owns 24,612 shares of the company’s stock valued at $2,373,000 after purchasing an additional 11,411 shares in the last quarter. Finally, Tactive Advisors LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at approximately $2,545,000.

Invesco S&P 500 High Beta ETF Trading Down 0.5%

Shares of SPHB opened at $122.80 on Friday. The stock has a market cap of $676.63 million, a PE 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 $124.40. The stock has a 50 day simple moving average of $116.55 and a 200-day simple moving average of $110.20.

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.