Fifth Third Bancorp purchased a new stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) during the 1st quarter, Holdings Channel reports. The fund purchased 4,765 shares of the company’s stock, valued at approximately $553,000.
Other hedge funds have also recently bought and sold shares of the company. Sowell Financial Services LLC purchased a new position in Invesco S&P 500 High Beta ETF during the 4th quarter valued at about $1,036,000. Money Concepts Capital Corp purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the fourth quarter worth approximately $3,311,000. PFG Advisors lifted its position in shares of Invesco S&P 500 High Beta ETF by 25.9% in the fourth quarter. PFG Advisors now owns 117,266 shares of the company’s stock worth $13,717,000 after purchasing an additional 24,141 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 High Beta ETF by 72.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 14,930 shares of the company’s stock worth $1,746,000 after purchasing an additional 6,249 shares during the period. Finally, BNB Wealth Management LLC purchased a new position in Invesco S&P 500 High Beta ETF during the fourth quarter valued at approximately $4,107,000.
Invesco S&P 500 High Beta ETF Stock Performance
Invesco S&P 500 High Beta ETF stock opened at $134.64 on Thursday. Invesco S&P 500 High Beta ETF has a twelve month low of $98.85 and a twelve month high of $157.57. The firm has a market cap of $939.79 million, a PE ratio of 20.84 and a beta of 1.40. The firm’s 50 day moving average price is $147.45 and its two-hundred day moving average price is $132.76.
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.
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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).
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