9,100 Shares in Invesco S&P 500 High Beta ETF $SPHB Bought by Advisors Preferred LLC

Advisors Preferred LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,100 shares of the company’s stock, valued at approximately $1,013,000. Advisors Preferred LLC owned about 0.19% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SPHB. Founders Financial Alliance LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the third quarter valued at about $36,000. Delos Wealth Advisors LLC purchased a new position in Invesco S&P 500 High Beta ETF during the 2nd quarter valued at about $38,000. Hollencrest Capital Management bought a new position in Invesco S&P 500 High Beta ETF during the 2nd quarter valued at approximately $90,000. Headlands Technologies LLC bought a new position in Invesco S&P 500 High Beta ETF during the 2nd quarter valued at approximately $104,000. Finally, Heritage Oak Wealth Advisors LLC purchased a new stake in Invesco S&P 500 High Beta ETF in the 3rd quarter worth approximately $217,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of SPHB stock opened at $124.38 on Friday. Invesco S&P 500 High Beta ETF has a fifty-two week low of $64.40 and a fifty-two week high of $126.59. The firm has a market cap of $695.28 million, a P/E ratio of 20.84 and a beta of 1.47. The business’s 50 day moving average price is $121.31 and its 200-day moving average price is $113.84.

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.