BNP Paribas Financial Markets Sells 2,002 Shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

BNP Paribas Financial Markets cut its position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 2.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 95,149 shares of the company’s stock after selling 2,002 shares during the period. BNP Paribas Financial Markets’ holdings in Invesco S&P 500 High Beta ETF were worth $8,489,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SPHB. Bank of Montreal Can grew its holdings in shares of Invesco S&P 500 High Beta ETF by 448.6% during the 3rd quarter. Bank of Montreal Can now owns 47,903 shares of the company’s stock valued at $4,291,000 after purchasing an additional 39,171 shares during the last quarter. Vontobel Holding Ltd. purchased a new stake in Invesco S&P 500 High Beta ETF during the third quarter valued at about $217,000. Sanctuary Advisors LLC bought a new position in shares of Invesco S&P 500 High Beta ETF during the second quarter valued at about $682,000. Cetera Investment Advisers increased its holdings in shares of Invesco S&P 500 High Beta ETF by 10.7% in the second quarter. Cetera Investment Advisers now owns 12,349 shares of the company’s stock worth $1,043,000 after buying an additional 1,193 shares during the period. Finally, Chicago Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 High Beta ETF by 131.6% in the 2nd quarter. Chicago Wealth Management Inc. now owns 6,435 shares of the company’s stock valued at $543,000 after acquiring an additional 3,656 shares during the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

SPHB opened at $94.81 on Tuesday. The stock’s 50 day simple moving average is $90.17 and its 200 day simple moving average is $86.47. The firm has a market cap of $673.15 million, a price-to-earnings ratio of 22.23 and a beta of 1.48. Invesco S&P 500 High Beta ETF has a 1 year low of $73.99 and a 1 year high of $95.18.

Invesco S&P 500 High Beta ETF Company 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.