Cambridge Investment Research Advisors Inc. Has $687,000 Stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Cambridge Investment Research Advisors Inc. trimmed its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Get Rating) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,028 shares of the company’s stock after selling 296 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.16% of Invesco S&P 500 High Beta ETF worth $687,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Kistler Tiffany Companies LLC raised its position in shares of Invesco S&P 500 High Beta ETF by 3.9% during the third quarter. Kistler Tiffany Companies LLC now owns 8,789 shares of the company’s stock worth $504,000 after purchasing an additional 331 shares during the period. Kestra Advisory Services LLC grew its holdings in Invesco S&P 500 High Beta ETF by 2.8% during the fourth quarter. Kestra Advisory Services LLC now owns 14,254 shares of the company’s stock worth $888,000 after buying an additional 389 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Invesco S&P 500 High Beta ETF by 5.4% during the third quarter. Commonwealth Equity Services LLC now owns 12,391 shares of the company’s stock worth $711,000 after buying an additional 640 shares in the last quarter. Simplex Trading LLC bought a new stake in Invesco S&P 500 High Beta ETF during the fourth quarter worth $87,000. Finally, Private Advisory Group LLC grew its holdings in Invesco S&P 500 High Beta ETF by 39.0% during the first quarter. Private Advisory Group LLC now owns 5,250 shares of the company’s stock worth $399,000 after buying an additional 1,473 shares in the last quarter.

Invesco S&P 500 High Beta ETF Trading Up 0.9 %

Shares of Invesco S&P 500 High Beta ETF stock opened at $68.83 on Tuesday. The stock has a fifty day simple moving average of $67.12 and a 200 day simple moving average of $67.64. Invesco S&P 500 High Beta ETF has a 12-month low of $54.60 and a 12-month high of $77.54. The company has a market capitalization of $620.85 million, a P/E ratio of 23.20 and a beta of 1.49.

Invesco S&P 500 High Beta ETF Profile

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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.