109,225 Shares in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Purchased by Fischer Investment Strategies LLC

Fischer Investment Strategies LLC acquired a new position in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 109,225 shares of the company’s stock, valued at approximately $9,000,000. Invesco S&P 500 High Beta ETF accounts for approximately 6.8% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 8th biggest position. Fischer Investment Strategies LLC owned 1.26% of Invesco S&P 500 High Beta ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHB. Sykon Capital LLC purchased a new stake in Invesco S&P 500 High Beta ETF in the 4th quarter worth about $10,789,000. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $5,905,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $4,495,000. FSC Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $3,332,000. Finally, Synergy Asset Management LLC purchased a new position in shares of Invesco S&P 500 High Beta ETF during the fourth quarter worth approximately $3,152,000.

Invesco S&P 500 High Beta ETF Price Performance

Shares of NYSEARCA:SPHB traded down $0.30 during trading on Thursday, reaching $82.79. 180,151 shares of the company were exchanged, compared to its average volume of 613,262. The firm has a market capitalization of $587.81 million, a PE ratio of 22.23 and a beta of 1.48. The business’s fifty day simple moving average is $84.07 and its 200-day simple moving average is $81.49. Invesco S&P 500 High Beta ETF has a 12-month low of $63.15 and a 12-month high of $88.09.

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.

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

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