Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Position Increased by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 418.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,757 shares of the company’s stock after purchasing an additional 3,839 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.07% of Invesco S&P 500 High Beta ETF worth $422,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SPHB. Proficio Capital Partners LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at about $1,281,000. Oppenheimer & Co. Inc. raised its position in Invesco S&P 500 High Beta ETF by 22.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 2,752 shares of the company’s stock valued at $244,000 after acquiring an additional 509 shares in the last quarter. Abound Financial LLC acquired a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $1,760,000. Boston Financial Mangement LLC bought a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter worth approximately $273,000. Finally, Global Retirement Partners LLC increased its stake in shares of Invesco S&P 500 High Beta ETF by 642.9% during the 4th quarter. Global Retirement Partners LLC now owns 520 shares of the company’s stock worth $46,000 after purchasing an additional 450 shares during the last quarter.

Invesco S&P 500 High Beta ETF Trading Down 3.9 %

Invesco S&P 500 High Beta ETF stock opened at $79.15 on Tuesday. The company has a market capitalization of $268.32 million, a P/E ratio of 25.57 and a beta of 1.49. The firm’s fifty day simple moving average is $90.16 and its 200-day simple moving average is $89.61. Invesco S&P 500 High Beta ETF has a 1-year low of $75.86 and a 1-year high of $96.15.

About Invesco S&P 500 High Beta ETF

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.