Renaissance Technologies LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 18,300 shares of the company’s stock, valued at approximately $1,622,000. Renaissance Technologies LLC owned 0.26% of Invesco S&P 500 High Beta ETF at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Stratos Wealth Advisors LLC boosted its position in Invesco S&P 500 High Beta ETF by 4.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 5,846 shares of the company’s stock worth $518,000 after purchasing an additional 237 shares during the period. CIBC Private Wealth Group LLC boosted its position in Invesco S&P 500 High Beta ETF by 229.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 431 shares of the company’s stock valued at $39,000 after buying an additional 300 shares during the last quarter. Harbour Investments Inc. purchased a new position in Invesco S&P 500 High Beta ETF in the 4th quarter valued at about $28,000. Global Retirement Partners LLC boosted its position in Invesco S&P 500 High Beta ETF by 642.9% in the 4th quarter. Global Retirement Partners LLC now owns 520 shares of the company’s stock valued at $46,000 after buying an additional 450 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in Invesco S&P 500 High Beta ETF by 22.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 2,752 shares of the company’s stock valued at $244,000 after buying an additional 509 shares during the last quarter.
Invesco S&P 500 High Beta ETF Price Performance
NYSEARCA:SPHB opened at $78.85 on Monday. The firm has a 50-day moving average of $79.53 and a two-hundred day moving average of $87.19. The stock has a market cap of $364.29 million, a P/E ratio of 21.58 and a beta of 1.43. Invesco S&P 500 High Beta ETF has a 1-year low of $64.40 and a 1-year 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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