8,280 Shares in Invesco S&P 500 High Beta ETF $SPHB Bought by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors bought a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,280 shares of the company’s stock, valued at approximately $808,000. TRUE Private Wealth Advisors owned about 0.19% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in shares of Invesco S&P 500 High Beta ETF by 188.7% in the first quarter. LPL Financial LLC now owns 385,387 shares of the company’s stock valued at $30,160,000 after acquiring an additional 251,894 shares during the period. Allianz SE bought a new stake in Invesco S&P 500 High Beta ETF in the second quarter valued at $21,799,000. Vestmark Advisory Solutions Inc. bought a new position in shares of Invesco S&P 500 High Beta ETF during the first quarter valued at $7,436,000. Jones Financial Companies Lllp grew its holdings in shares of Invesco S&P 500 High Beta ETF by 1,500.2% in the 1st quarter. Jones Financial Companies Lllp now owns 76,121 shares of the company’s stock worth $5,957,000 after purchasing an additional 71,364 shares during the last quarter. Finally, Cynosure Group LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the 1st quarter worth about $4,974,000.

Invesco S&P 500 High Beta ETF Trading Down 0.5%

NYSEARCA SPHB opened at $107.57 on Wednesday. Invesco S&P 500 High Beta ETF has a 1-year low of $64.40 and a 1-year high of $116.77. The company has a 50 day moving average of $111.42 and a 200-day moving average of $102.12. The firm has a market cap of $514.20 million, a price-to-earnings ratio of 20.84 and a beta of 1.47.

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.