10,297 Shares in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Bought by Seros Financial LLC

Seros Financial LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,297 shares of the company’s stock, valued at approximately $870,000. Invesco S&P 500 High Beta ETF comprises 0.8% of Seros Financial LLC’s portfolio, making the stock its 24th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHB. HBW Advisory Services LLC purchased a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $214,000. National Bank of Canada FI bought a new stake in shares of Invesco S&P 500 High Beta ETF in the third quarter worth about $91,000. IHT Wealth Management LLC increased its holdings in Invesco S&P 500 High Beta ETF by 79.0% during the 3rd quarter. IHT Wealth Management LLC now owns 8,823 shares of the company’s stock valued at $781,000 after purchasing an additional 3,894 shares during the period. Plotkin Financial Advisors LLC bought a new position in Invesco S&P 500 High Beta ETF during the 3rd quarter valued at approximately $454,000. Finally, Flow Traders U.S. LLC lifted its holdings in Invesco S&P 500 High Beta ETF by 17.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 11,915 shares of the company’s stock worth $1,063,000 after buying an additional 1,791 shares during the period.

Invesco S&P 500 High Beta ETF Stock Performance

SPHB opened at $95.21 on Friday. The stock’s 50 day moving average price is $91.62 and its 200-day moving average price is $88.36. Invesco S&P 500 High Beta ETF has a 52-week low of $75.86 and a 52-week high of $96.05. The stock has a market capitalization of $675.99 million, a PE 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.