Hilltop Holdings Inc. Acquires 5,788 Shares of Invesco S&P 500 High Beta ETF $SPHB

Hilltop Holdings Inc. grew its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 75.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,473 shares of the company’s stock after buying an additional 5,788 shares during the period. Hilltop Holdings Inc. owned 0.22% of Invesco S&P 500 High Beta ETF worth $1,562,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPHB. Stratos Wealth Advisors LLC boosted its holdings in Invesco S&P 500 High Beta ETF by 1.7% in the fourth quarter. Stratos Wealth Advisors LLC now owns 5,800 shares of the company’s stock valued at $678,000 after acquiring an additional 99 shares in the last quarter. Advisors Preferred LLC raised its holdings in Invesco S&P 500 High Beta ETF by 1.1% in the 4th quarter. Advisors Preferred LLC now owns 9,200 shares of the company’s stock worth $1,095,000 after purchasing an additional 100 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in Invesco S&P 500 High Beta ETF by 43.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 328 shares of the company’s stock worth $38,000 after purchasing an additional 100 shares in the last quarter. Cetera Investment Advisers raised its holdings in Invesco S&P 500 High Beta ETF by 0.7% in the 4th 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. Finally, Avant Capital LLC lifted its position in shares of Invesco S&P 500 High Beta ETF by 6.1% in the 4th quarter. Avant Capital LLC now owns 3,636 shares of the company’s stock worth $425,000 after purchasing an additional 209 shares during the period.

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

NYSEARCA:SPHB opened at $141.15 on Friday. The company has a 50-day moving average price of $147.29 and a 200-day moving average price of $132.34. The stock has a market cap of $973.93 million, a price-to-earnings ratio of 20.84 and a beta of 1.40. Invesco S&P 500 High Beta ETF has a 12 month low of $98.85 and a 12 month high of $157.57.

Invesco S&P 500 High Beta ETF 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.