Hanlon Investment Management Inc. Has $412,000 Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Hanlon Investment Management Inc. raised its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 11.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,876 shares of the company’s stock after purchasing an additional 514 shares during the quarter. Hanlon Investment Management Inc. owned 0.07% of Invesco S&P 500 High Beta ETF worth $412,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPHB. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the second quarter worth approximately $74,000. Global Retirement Partners LLC boosted its stake in shares of Invesco S&P 500 High Beta ETF by 4,472.0% during the 1st quarter. Global Retirement Partners LLC now owns 1,143 shares of the company’s stock valued at $100,000 after buying an additional 1,118 shares during the period. Atria Wealth Solutions Inc. acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at $224,000. MGB Wealth Management LLC grew its holdings in shares of Invesco S&P 500 High Beta ETF by 17.2% during the 1st quarter. MGB Wealth Management LLC now owns 2,552 shares of the company’s stock valued at $224,000 after acquiring an additional 375 shares in the last quarter. Finally, VitalStone Financial LLC increased its stake in shares of Invesco S&P 500 High Beta ETF by 698.6% in the fourth quarter. VitalStone Financial LLC now owns 2,795 shares of the company’s stock worth $230,000 after acquiring an additional 2,445 shares during the last quarter.

Invesco S&P 500 High Beta ETF Trading Down 2.4 %

SPHB opened at $79.81 on Friday. Invesco S&P 500 High Beta ETF has a 1 year low of $63.15 and a 1 year high of $90.34. The stock has a fifty day moving average price of $84.50 and a 200 day moving average price of $84.23. The stock has a market cap of $566.65 million, a price-to-earnings ratio of 22.23 and a beta of 1.48.

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.