Stratos Wealth Advisors LLC Grows Holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Stratos Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,846 shares of the company’s stock after purchasing an additional 237 shares during the quarter. Stratos Wealth Advisors LLC owned approximately 0.08% of Invesco S&P 500 High Beta ETF worth $518,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SPHB. Cetera Investment Advisers grew its stake in Invesco S&P 500 High Beta ETF by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 12,349 shares of the company’s stock worth $1,043,000 after acquiring an additional 1,193 shares in the last quarter. National Bank of Canada FI purchased a new position in Invesco S&P 500 High Beta ETF during the 3rd quarter worth $91,000. Q3 Asset Management bought a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $11,242,000. Sanctuary Advisors LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 2nd quarter worth $682,000. Finally, Bank of Montreal Can grew its position in shares of Invesco S&P 500 High Beta ETF by 448.6% during the 3rd quarter. Bank of Montreal Can now owns 47,903 shares of the company’s stock worth $4,291,000 after buying an additional 39,171 shares in the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

SPHB stock opened at $91.32 on Friday. Invesco S&P 500 High Beta ETF has a 1-year low of $75.86 and a 1-year high of $96.05. The business has a 50-day moving average price of $91.73 and a 200 day moving average price of $88.69. The company has a market capitalization of $648.37 million, a P/E 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.