2 weeks Ago By ABMN Staff
Chicago Wealth Management Inc. lifted its stake in Invesco S&P 500 High Beta ETF ( NYSEARCA:SPHB – Free Report ) by 131.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The institutional investor owned 6,435 shares of the company’s stock after acquiring an additional 3,656 shares during the period. Chicago Wealth Management Inc.’s holdings in Invesco S&P 500 High Beta ETF were worth $543,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in SPHB. Trexquant Investment LP grew its holdings in Invesco S&P 500 High Beta ETF by 76.9% in the fourth quarter.
Trexquant Investment LP now owns 6,989 shares of the company’s stock worth $576,000 after purchasing an additional 3,039 shares during the last quarter. Wealth Quarterback LLC purchased a new position in Invesco S&P 500 High Beta ETF during the 4th quarter worth $6,122,000. XML Financial LLC increased its position in Invesco S&P 500 High Beta ETF by 4.
4% during the 4th quarter. XML Financial LLC now owns 3,229 shares of the company’s stock valued at $266,000 after buying an additional 136 shares in the last quarter. VitalStone Financial LLC raised its stake in Invesco S&P 500 High Beta ETF by 698.
6% in the fourth quarter. VitalStone Financial LLC now owns 2,795 shares of the company’s stock valued at $230,000 after buying an additional 2,445 shares during the last quarter. Finally, Greenwood Capital Associates LLC acquired a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter worth about $394,000.
Invesco S&P 500 High Beta ETF Stock Performance Shares of SPHB stock opened at $89.57 on Friday. Invesco S&P 500 High Beta ETF has a fifty-two week low of $63.
15 and a fifty-two week high of $90.55. The firm has a market capitalization of $635.
95 million, a price-to-earnings ratio of 22.23 and a beta of 1.48.
The stock’s 50-day simple moving average is $84.40 and its 200-day simple moving average is $84.45.
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.
Read More Want to see what other hedge funds are holding SPHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 High Beta ETF ( NYSEARCA:SPHB – Free Report ). Receive News & Ratings for Invesco S&P 500 High Beta ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 High Beta ETF and related companies with MarketBeat.
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