Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Get Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $155.14 and last traded at $154.29, with a volume of 54914 shares trading hands. The stock had previously closed at $148.73.
Invesco S&P 500 High Beta ETF Stock Performance
The firm’s 50 day moving average price is $138.15 and its two-hundred day moving average price is $126.33. The firm has a market cap of $911.40 million, a PE ratio of 20.84 and a beta of 1.41.
Institutional Trading of Invesco S&P 500 High Beta ETF
Hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at approximately $28,000. Founders Financial Alliance LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at approximately $36,000. Chesapeake Asset Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at approximately $41,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at approximately $49,000. Finally, Realta Investment Advisors purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at approximately $74,000.
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.
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