HBW Advisory Services LLC Invests $214,000 in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

HBW Advisory Services LLC bought a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,413 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also modified their holdings of the company. National Bank of Canada FI acquired a new stake in Invesco S&P 500 High Beta ETF during the 3rd quarter worth approximately $91,000. Cetera Investment Advisers raised its stake in shares of Invesco S&P 500 High Beta ETF by 10.7% in the second quarter. Cetera Investment Advisers now owns 12,349 shares of the company’s stock valued at $1,043,000 after acquiring an additional 1,193 shares in the last quarter. Flow Traders U.S. LLC grew its stake in Invesco S&P 500 High Beta ETF by 17.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 11,915 shares of the company’s stock worth $1,063,000 after purchasing an additional 1,791 shares in the last quarter. Bank of Montreal Can increased its holdings in Invesco S&P 500 High Beta ETF by 27.8% during the 2nd quarter. Bank of Montreal Can now owns 8,732 shares of the company’s stock worth $742,000 after purchasing an additional 1,902 shares during the period. Finally, Vontobel Holding Ltd. acquired a new stake in Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $217,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of Invesco S&P 500 High Beta ETF stock opened at $89.01 on Friday. The business has a 50-day simple moving average of $91.45 and a 200-day simple moving average of $87.96. Invesco S&P 500 High Beta ETF has a one year low of $75.86 and a one year high of $96.05. The company has a market cap of $631.97 million, a PE 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.