VitalStone Financial LLC Reduces Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

VitalStone Financial LLC cut its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 42.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 375 shares of the company’s stock after selling 278 shares during the period. VitalStone Financial LLC’s holdings in Invesco S&P 500 High Beta ETF were worth $32,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Hanlon Investment Management Inc. raised its holdings in Invesco S&P 500 High Beta ETF by 11.8% during the 2nd quarter. Hanlon Investment Management Inc. now owns 4,876 shares of the company’s stock valued at $412,000 after buying an additional 514 shares during the period. Aveo Capital Partners LLC raised its stake in shares of Invesco S&P 500 High Beta ETF by 4.3% in the second quarter. Aveo Capital Partners LLC now owns 45,240 shares of the company’s stock valued at $3,821,000 after acquiring an additional 1,885 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Invesco S&P 500 High Beta ETF by 60.5% in the second quarter. Commonwealth Equity Services LLC now owns 16,383 shares of the company’s stock valued at $1,384,000 after acquiring an additional 6,174 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF in the 2nd quarter worth about $74,000. Finally, Burke & Herbert Bank & Trust Co. purchased a new position in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter worth about $1,091,000.

Invesco S&P 500 High Beta ETF Price Performance

Invesco S&P 500 High Beta ETF stock opened at $83.35 on Thursday. The firm has a market capitalization of $591.79 million, a P/E ratio of 22.23 and a beta of 1.48. Invesco S&P 500 High Beta ETF has a 1-year low of $63.15 and a 1-year high of $90.34. The company’s 50-day moving average is $84.34 and its 200 day moving average is $84.23.

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.