Hilltop Holdings Inc. Grows Position in Invesco S&P 500 High Beta ETF $SPHB

Hilltop Holdings Inc. lifted its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 75.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,473 shares of the company’s stock after purchasing an additional 5,788 shares during the quarter. Hilltop Holdings Inc.’s holdings in Invesco S&P 500 High Beta ETF were worth $1,562,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter worth $28,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 High Beta ETF during the fourth quarter valued at $49,000. Realta Investment Advisors purchased a new position in Invesco S&P 500 High Beta ETF during the fourth quarter valued at $74,000. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF during the 4th quarter valued at $108,000. Finally, Headlands Technologies LLC bought a new stake in shares of Invesco S&P 500 High Beta ETF during the 2nd quarter valued at $104,000.

Invesco S&P 500 High Beta ETF Price Performance

NYSEARCA:SPHB opened at $141.15 on Friday. The firm’s 50-day moving average price is $147.29 and its 200-day moving average price is $132.34. The company has a market capitalization of $973.93 million, a PE ratio of 20.84 and a beta of 1.40. Invesco S&P 500 High Beta ETF has a 1-year low of $98.85 and a 1-year high of $157.57.

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.