Ignite Planners LLC Trims Position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Ignite Planners LLC decreased its holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBFree Report) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,564 shares of the company’s stock after selling 312 shares during the quarter. Ignite Planners LLC owned about 0.05% of Invesco S&P 500 High Beta ETF worth $304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. raised its holdings in Invesco S&P 500 High Beta ETF by 629.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 912 shares of the company’s stock worth $75,000 after purchasing an additional 787 shares in the last quarter. Global Retirement Partners LLC lifted its position in Invesco S&P 500 High Beta ETF by 4,472.0% during the 1st quarter. Global Retirement Partners LLC now owns 1,143 shares of the company’s stock valued at $100,000 after acquiring an additional 1,118 shares during the period. CWM LLC boosted its stake in Invesco S&P 500 High Beta ETF by 33.2% during the fourth quarter. CWM LLC now owns 1,595 shares of the company’s stock worth $131,000 after acquiring an additional 398 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in Invesco S&P 500 High Beta ETF in the fourth quarter worth about $224,000. Finally, MGB Wealth Management LLC increased its stake in shares of Invesco S&P 500 High Beta ETF by 17.2% during the first quarter. MGB Wealth Management LLC now owns 2,552 shares of the company’s stock valued at $224,000 after purchasing an additional 375 shares in the last quarter.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of SPHB traded up $0.23 during mid-day trading on Friday, reaching $80.64. The company had a trading volume of 338,402 shares, compared to its average volume of 536,304. The company has a market capitalization of $572.54 million, a price-to-earnings ratio of 22.23 and a beta of 1.48. The firm has a 50-day moving average price of $84.51 and a 200 day moving average price of $83.99. Invesco S&P 500 High Beta ETF has a 52 week low of $63.15 and a 52 week high of $90.34.

About Invesco S&P 500 High Beta ETF

(Free Report)

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.

Featured Stories

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:SPHBFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Receive News & Ratings for Invesco S&P 500 High Beta ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 High Beta ETF and related companies with MarketBeat.com's FREE daily email newsletter.