UBS Group AG raised its holdings in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) by 64.7% during the 4th quarter, Holdings Channel reports. The fund owned 71,514 shares of the company’s stock after purchasing an additional 28,084 shares during the period. UBS Group AG’s holdings in Invesco S&P 500 High Beta ETF were worth $8,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC bought a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $269,000. Fischer Investment Strategies LLC bought a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $217,000. PFG Advisors raised its stake in Invesco S&P 500 High Beta ETF by 25.9% during the 4th quarter. PFG Advisors now owns 117,266 shares of the company’s stock valued at $13,717,000 after acquiring an additional 24,141 shares in the last quarter. KFG Wealth Management LLC bought a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $458,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Invesco S&P 500 High Beta ETF during the 4th quarter valued at $108,000.
Invesco S&P 500 High Beta ETF Stock Performance
Shares of SPHB stock opened at $138.16 on Monday. Invesco S&P 500 High Beta ETF has a 1 year low of $85.44 and a 1 year high of $142.59. The stock has a market cap of $828.96 million, a PE ratio of 20.84 and a beta of 1.39. The business’s fifty day moving average is $125.78 and its 200-day moving average is $121.04.
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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