Runnymede Capital Advisors Inc. Makes New $47,000 Investment in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Runnymede Capital Advisors Inc. purchased a new position in shares of Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 526 shares of the company’s stock, valued at approximately $47,000.

Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can grew its stake in shares of Invesco S&P 500 High Beta ETF by 448.6% in the 3rd quarter. Bank of Montreal Can now owns 47,903 shares of the company’s stock valued at $4,291,000 after buying an additional 39,171 shares during the period. Flow Traders U.S. LLC grew its stake in shares of Invesco S&P 500 High Beta ETF by 17.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 11,915 shares of the company’s stock valued at $1,063,000 after buying an additional 1,791 shares during the period. Plotkin Financial Advisors LLC acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $454,000. IHT Wealth Management LLC grew its stake in shares of Invesco S&P 500 High Beta ETF by 79.0% in the 3rd quarter. IHT Wealth Management LLC now owns 8,823 shares of the company’s stock valued at $781,000 after buying an additional 3,894 shares during the period. Finally, National Bank of Canada FI acquired a new stake in shares of Invesco S&P 500 High Beta ETF in the 3rd quarter valued at about $91,000.

Invesco S&P 500 High Beta ETF Stock Performance

Shares of NYSEARCA SPHB opened at $82.12 on Friday. Invesco S&P 500 High Beta ETF has a fifty-two week low of $75.86 and a fifty-two week high of $96.15. The stock has a market cap of $266.07 million, a price-to-earnings ratio of 23.63 and a beta of 1.52. The firm’s 50-day simple moving average is $88.58 and its 200 day simple moving average is $89.32.

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.