Global Retirement Partners LLC Acquires 450 Shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Global Retirement Partners LLC grew its holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 642.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 520 shares of the company’s stock after acquiring an additional 450 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco S&P 500 High Beta ETF were worth $46,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Stratos Wealth Advisors LLC lifted its position in Invesco S&P 500 High Beta ETF by 4.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 5,846 shares of the company’s stock valued at $518,000 after acquiring an additional 237 shares in the last quarter. National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $91,000. Capital Investment Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 High Beta ETF by 5.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 31,102 shares of the company’s stock valued at $2,757,000 after purchasing an additional 1,640 shares in the last quarter. Flow Traders U.S. LLC boosted its position in shares of Invesco S&P 500 High Beta ETF by 17.7% during the third quarter. Flow Traders U.S. LLC now owns 11,915 shares of the company’s stock worth $1,063,000 after buying an additional 1,791 shares during the period. Finally, HBW Advisory Services LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth about $214,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of Invesco S&P 500 High Beta ETF stock opened at $86.87 on Friday. The firm has a market cap of $294.49 million, a PE ratio of 25.57 and a beta of 1.49. The business’s 50 day simple moving average is $91.18 and its 200 day simple moving average is $89.68. Invesco S&P 500 High Beta ETF has a 52-week low of $75.86 and a 52-week high of $96.15.

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.