NewEdge Advisors LLC Grows Stock Holdings in Invesco S&P 500 High Beta ETF $SPHB

NewEdge Advisors LLC increased its position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 271,363.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 141,161 shares of the company’s stock after buying an additional 141,109 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 High Beta ETF were worth $16,368,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Advisors Preferred LLC raised its holdings in Invesco S&P 500 High Beta ETF by 1.1% during the fourth quarter. Advisors Preferred LLC now owns 9,200 shares of the company’s stock valued at $1,095,000 after acquiring an additional 100 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of Invesco S&P 500 High Beta ETF by 43.9% in the first quarter. Cornerstone Planning Group LLC now owns 328 shares of the company’s stock worth $38,000 after acquiring an additional 100 shares during the period. Cetera Investment Advisers grew its position in shares of Invesco S&P 500 High Beta ETF by 0.7% during the fourth quarter. Cetera Investment Advisers now owns 22,789 shares of the company’s stock worth $2,666,000 after purchasing an additional 158 shares in the last quarter. Avant Capital LLC grew its position in shares of Invesco S&P 500 High Beta ETF by 6.1% during the fourth quarter. Avant Capital LLC now owns 3,636 shares of the company’s stock worth $425,000 after purchasing an additional 209 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its stake in Invesco S&P 500 High Beta ETF by 14.4% during the 4th quarter. Gateway Wealth Partners LLC now owns 2,466 shares of the company’s stock valued at $289,000 after purchasing an additional 310 shares during the period.

Invesco S&P 500 High Beta ETF Trading Up 1.6%

Shares of SPHB opened at $147.90 on Friday. The business’s 50 day moving average is $147.44 and its 200 day moving average is $133.77. Invesco S&P 500 High Beta ETF has a 12-month low of $100.30 and a 12-month high of $157.57. The company has a market capitalization of $1.02 billion, a PE ratio of 20.84 and a beta of 1.42.

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.