Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. grew its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 629.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 912 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco S&P 500 High Beta ETF were worth $75,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at $5,905,000. One Wealth Management Investment & Advisory Services LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at $471,000. Synergy Asset Management LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at $3,152,000. FSC Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 High Beta ETF in the 4th quarter valued at $3,332,000. Finally, Raymond James & Associates increased its holdings in shares of Invesco S&P 500 High Beta ETF by 8.4% in the 4th quarter. Raymond James & Associates now owns 215,641 shares of the company’s stock valued at $17,769,000 after acquiring an additional 16,715 shares during the period.

Invesco S&P 500 High Beta ETF Price Performance

Shares of Invesco S&P 500 High Beta ETF stock opened at $81.21 on Wednesday. The firm’s fifty day simple moving average is $84.49 and its 200-day simple moving average is $78.13. The stock has a market capitalization of $600.95 million, a price-to-earnings ratio of 22.43 and a beta of 1.50. Invesco S&P 500 High Beta ETF has a 12 month low of $63.15 and a 12 month high of $88.09.

Invesco S&P 500 High Beta ETF Profile

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.