D.A. Davidson & CO. Acquires 809 Shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

D.A. Davidson & CO. raised its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,207 shares of the company’s stock after acquiring an additional 809 shares during the quarter. D.A. Davidson & CO. owned approximately 0.31% of Invesco S&P 500 High Beta ETF worth $2,242,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Geneos Wealth Management Inc. increased its holdings in shares of Invesco S&P 500 High Beta ETF by 629.6% in 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. CWM LLC increased its holdings in shares of Invesco S&P 500 High Beta ETF by 33.2% in the fourth 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. bought a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $224,000. Vigilare Wealth Management bought a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $252,000. Finally, Private Advisory Group LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the third quarter valued at approximately $237,000.

Invesco S&P 500 High Beta ETF Trading Up 1.1 %

Shares of NYSEARCA SPHB traded up $0.96 during trading hours on Friday, reaching $84.54. The stock had a trading volume of 236,976 shares, compared to its average volume of 626,256. The business’s fifty day moving average price is $84.09 and its two-hundred day moving average price is $81.05. The firm has a market cap of $600.23 million, a price-to-earnings ratio of 22.23 and a beta of 1.48. Invesco S&P 500 High Beta ETF has a 52-week low of $63.15 and a 52-week high of $88.09.

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.