Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Shares Sold by PFG Advisors

PFG Advisors trimmed its position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,962 shares of the company’s stock after selling 574 shares during the period. PFG Advisors owned approximately 0.15% of Invesco S&P 500 High Beta ETF worth $972,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SPHB. Stratos Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 High Beta ETF by 4.2% during the fourth quarter. Stratos Wealth Advisors LLC now owns 5,846 shares of the company’s stock worth $518,000 after buying an additional 237 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Invesco S&P 500 High Beta ETF by 642.9% during the fourth quarter. Global Retirement Partners LLC now owns 520 shares of the company’s stock worth $46,000 after buying an additional 450 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Invesco S&P 500 High Beta ETF by 22.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 2,752 shares of the company’s stock worth $244,000 after buying an additional 509 shares during the period. National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 High Beta ETF during the third quarter worth $91,000. Finally, Capital Investment Advisory Services LLC lifted its stake in shares of Invesco S&P 500 High Beta ETF by 5.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 31,102 shares of the company’s stock worth $2,757,000 after buying an additional 1,640 shares during the period.

Invesco S&P 500 High Beta ETF Trading Down 2.0 %

NYSEARCA:SPHB opened at $78.66 on Friday. Invesco S&P 500 High Beta ETF has a 12 month low of $75.86 and a 12 month high of $96.15. The firm has a fifty day simple moving average of $89.60 and a 200-day simple moving average of $89.41. The company has a market capitalization of $266.66 million, a P/E ratio of 25.57 and a beta of 1.49.

About Invesco S&P 500 High Beta ETF

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.