Oppenheimer & Co. Inc. Sells 146 Shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Oppenheimer & Co. Inc. trimmed its holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 6.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,243 shares of the company’s stock after selling 146 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 High Beta ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in SPHB. Ascent Group LLC bought a new position in shares of Invesco S&P 500 High Beta ETF in the first quarter valued at $1,346,000. Jane Street Group LLC lifted its position in shares of Invesco S&P 500 High Beta ETF by 33.4% during the first quarter. Jane Street Group LLC now owns 106,251 shares of the company’s stock valued at $9,322,000 after purchasing an additional 26,614 shares in the last quarter. Burke & Herbert Bank & Trust Co. bought a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter valued at about $1,091,000. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter valued at about $74,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of Invesco S&P 500 High Beta ETF by 60.5% during the second quarter. Commonwealth Equity Services LLC now owns 16,383 shares of the company’s stock valued at $1,384,000 after purchasing an additional 6,174 shares in the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

SPHB opened at $92.72 on Friday. The company’s 50-day moving average is $89.38 and its 200 day moving average is $86.03. Invesco S&P 500 High Beta ETF has a fifty-two week low of $71.54 and a fifty-two week high of $92.75. The firm has a market capitalization of $658.31 million, a P/E ratio of 22.23 and a beta of 1.48.

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.