Bank of America Corp DE Trims Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Bank of America Corp DE reduced its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHBGet Rating) by 21.8% in the 1st quarter, Holdings Channel reports. The fund owned 2,323,913 shares of the company’s stock after selling 647,045 shares during the period. Bank of America Corp DE owned approximately 0.22% of Invesco S&P 500 High Beta ETF worth $176,524,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in shares of Invesco S&P 500 High Beta ETF by 561.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 333,607 shares of the company’s stock valued at $26,362,000 after buying an additional 283,156 shares in the last quarter. Advisor Group Holdings Inc. increased its position in shares of Invesco S&P 500 High Beta ETF by 180.0% in the first quarter. Advisor Group Holdings Inc. now owns 384,961 shares of the company’s stock valued at $30,106,000 after buying an additional 247,478 shares in the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $8,125,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco S&P 500 High Beta ETF by 23.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 527,348 shares of the company’s stock valued at $40,058,000 after buying an additional 100,606 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Invesco S&P 500 High Beta ETF in the first quarter valued at approximately $7,216,000.

Invesco S&P 500 High Beta ETF Stock Performance

Invesco S&P 500 High Beta ETF stock opened at $62.16 on Thursday. Invesco S&P 500 High Beta ETF has a 12 month low of $56.56 and a 12 month high of $83.16. The business has a 50 day simple moving average of $66.41 and a 200-day simple moving average of $67.11.

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

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