Capital Investment Advisory Services LLC Raises Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Capital Investment Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,102 shares of the company’s stock after buying an additional 1,640 shares during the quarter. Capital Investment Advisory Services LLC owned 0.44% of Invesco S&P 500 High Beta ETF worth $2,757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPHB. Secure Asset Management LLC raised its position in Invesco S&P 500 High Beta ETF by 101.9% during the fourth quarter. Secure Asset Management LLC now owns 5,787 shares of the company’s stock valued at $513,000 after acquiring an additional 2,921 shares in the last quarter. Seros Financial LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at approximately $870,000. HBW Advisory Services LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at $214,000. National Bank of Canada FI purchased a new stake in Invesco S&P 500 High Beta ETF during the third quarter worth $91,000. Finally, IHT Wealth Management LLC grew its position in Invesco S&P 500 High Beta ETF by 79.0% during the third quarter. IHT Wealth Management LLC now owns 8,823 shares of the company’s stock valued at $781,000 after buying an additional 3,894 shares during the period.

Invesco S&P 500 High Beta ETF Stock Performance

SPHB opened at $90.86 on Thursday. The company has a fifty day moving average of $91.91 and a two-hundred day moving average of $88.54. Invesco S&P 500 High Beta ETF has a fifty-two week low of $75.86 and a fifty-two week high of $96.05. The stock has a market capitalization of $645.11 million, a price-to-earnings ratio of 22.23 and a beta of 1.48.

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.