Bank of Montreal Can lowered its stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) by 43.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,281 shares of the company’s stock after selling 20,622 shares during the quarter. Bank of Montreal Can’s holdings in Invesco S&P 500 High Beta ETF were worth $2,418,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Harbour Investments Inc. purchased a new position in Invesco S&P 500 High Beta ETF during the 4th quarter valued at about $28,000. CIBC Private Wealth Group LLC lifted its position in shares of Invesco S&P 500 High Beta ETF by 229.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 431 shares of the company’s stock worth $39,000 after purchasing an additional 300 shares in the last quarter. Global Retirement Partners LLC lifted its position 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 purchasing an additional 450 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $47,000. Finally, National Bank of Canada FI acquired a new position in shares of Invesco S&P 500 High Beta ETF in the third quarter valued at approximately $91,000.
Invesco S&P 500 High Beta ETF Stock Down 2.4 %
Invesco S&P 500 High Beta ETF stock opened at $72.50 on Thursday. The company’s 50 day moving average is $82.12 and its two-hundred day moving average is $87.92. The firm has a market cap of $309.58 million, a PE ratio of 22.87 and a beta of 1.43. Invesco S&P 500 High Beta ETF has a 52-week low of $64.40 and a 52-week high of $96.15.
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.
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