TRUE Private Wealth Advisors Has $396,000 Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

TRUE Private Wealth Advisors decreased its position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 22.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,808 shares of the company’s stock after selling 1,357 shares during the period. TRUE Private Wealth Advisors’ holdings in Invesco S&P 500 High Beta ETF were worth $396,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Koshinski Asset Management Inc. boosted its stake in shares of Invesco S&P 500 High Beta ETF by 83.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 10,064 shares of the company’s stock valued at $829,000 after buying an additional 4,589 shares during the period. D.A. Davidson & CO. lifted its stake in Invesco S&P 500 High Beta ETF by 2.9% during the third quarter. D.A. Davidson & CO. now owns 26,398 shares of the company’s stock worth $1,850,000 after purchasing an additional 756 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P 500 High Beta ETF by 69.1% during the third quarter. Envestnet Asset Management Inc. now owns 44,913 shares of the company’s stock worth $3,148,000 after purchasing an additional 18,351 shares during the last quarter. Vigilare Wealth Management bought a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter worth $252,000. Finally, Geneos Wealth Management Inc. lifted its stake in Invesco S&P 500 High Beta ETF by 629.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 912 shares of the company’s stock worth $75,000 after purchasing an additional 787 shares during the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

NYSEARCA SPHB opened at $80.70 on Thursday. The business has a fifty day moving average price of $84.46 and a two-hundred day moving average price of $78.15. Invesco S&P 500 High Beta ETF has a fifty-two week low of $63.15 and a fifty-two week high of $88.09. The stock has a market capitalization of $597.18 million, a PE ratio of 22.43 and a beta of 1.50.

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.