Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) Shares Sold by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) by 16.6% during the third quarter, Holdings Channel.com reports. The firm owned 72,041 shares of the company’s stock after selling 14,337 shares during the period. Jane Street Group LLC’s holdings in Invesco S&P 500 High Beta ETF were worth $6,427,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can increased its position 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 period. Millennium Management LLC bought a new position in Invesco S&P 500 High Beta ETF during the second quarter valued at about $3,965,000. Aveo Capital Partners LLC grew its holdings in Invesco S&P 500 High Beta ETF by 4.3% during the second quarter. Aveo Capital Partners LLC now owns 45,240 shares of the company’s stock worth $3,821,000 after acquiring an additional 1,885 shares during the period. Commonwealth Equity Services LLC raised its position in Invesco S&P 500 High Beta ETF by 60.5% in the second quarter. Commonwealth Equity Services LLC now owns 16,383 shares of the company’s stock worth $1,384,000 after acquiring an additional 6,174 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Invesco S&P 500 High Beta ETF by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 12,349 shares of the company’s stock valued at $1,043,000 after acquiring an additional 1,193 shares during the last quarter.

Invesco S&P 500 High Beta ETF Price Performance

Shares of SPHB opened at $93.38 on Friday. The firm’s 50 day moving average is $91.14 and its 200-day moving average is $87.03. Invesco S&P 500 High Beta ETF has a 12-month low of $75.86 and a 12-month high of $96.05. The stock has a market capitalization of $663.00 million, a P/E ratio of 22.23 and a beta of 1.48.

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.