Vestmark Advisory Solutions Inc. Acquires New Holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Vestmark Advisory Solutions Inc. acquired a new position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 54,553 shares of the company’s stock, valued at approximately $4,495,000. Vestmark Advisory Solutions Inc. owned about 0.63% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Geneos Wealth Management Inc. grew its position in shares of Invesco S&P 500 High Beta ETF by 629.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 912 shares of the company’s stock valued at $75,000 after buying an additional 787 shares during the last quarter. CWM LLC raised its holdings in Invesco S&P 500 High Beta ETF by 33.2% during the 4th quarter. CWM LLC now owns 1,595 shares of the company’s stock worth $131,000 after purchasing an additional 398 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter worth approximately $224,000. Private Advisory Group LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at $237,000. Finally, Vigilare Wealth Management acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth $252,000.

Invesco S&P 500 High Beta ETF Stock Up 1.0 %

SPHB traded up $0.79 during trading on Friday, reaching $82.67. 544,936 shares of the stock traded hands, compared to its average volume of 673,353. The stock’s 50-day moving average is $84.20 and its 200 day moving average is $79.14. Invesco S&P 500 High Beta ETF has a 12 month low of $63.15 and a 12 month high of $88.09. The stock has a market capitalization of $586.96 million, a PE ratio of 22.23 and a beta of 1.48.

Invesco S&P 500 High Beta ETF 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.