Cetera Investment Advisers Acquires 1,193 Shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Cetera Investment Advisers boosted its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 10.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,349 shares of the company’s stock after acquiring an additional 1,193 shares during the period. Cetera Investment Advisers owned about 0.17% of Invesco S&P 500 High Beta ETF worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. MGB Wealth Management LLC raised its position in shares of Invesco S&P 500 High Beta ETF by 17.2% in the 1st quarter. MGB Wealth Management LLC now owns 2,552 shares of the company’s stock valued at $224,000 after purchasing an additional 375 shares during the last quarter. Hanlon Investment Management Inc. grew its stake in Invesco S&P 500 High Beta ETF by 11.8% in the 2nd quarter. Hanlon Investment Management Inc. now owns 4,876 shares of the company’s stock valued at $412,000 after acquiring an additional 514 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF during the second quarter worth $74,000. Aveo Capital Partners LLC grew its holdings in shares of Invesco S&P 500 High Beta ETF by 4.3% during the second quarter. Aveo Capital Partners LLC now owns 45,240 shares of the company’s stock worth $3,821,000 after buying an additional 1,885 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Invesco S&P 500 High Beta ETF by 27.8% during the second quarter. Bank of Montreal Can now owns 8,732 shares of the company’s stock worth $742,000 after buying an additional 1,902 shares in the last quarter.

Invesco S&P 500 High Beta ETF Trading Down 0.2 %

Shares of SPHB stock opened at $90.47 on Friday. The company’s 50-day moving average price is $86.19 and its 200-day moving average price is $84.84. The stock has a market cap of $642.34 million, a price-to-earnings ratio of 22.23 and a beta of 1.48. Invesco S&P 500 High Beta ETF has a twelve month low of $63.15 and a twelve month high of $91.95.

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.