Axxcess Wealth Management LLC Buys New Holdings in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB)

Posted by Jeff Wilder on Mar 23rd, 2025

Axxcess Wealth Management LLC bought a new stake in Invesco S&P 500 High Beta ETF (NYSEARCA:SPHB – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,829 shares of the company’s stock, valued at approximately $251,000.

Other large investors have also recently bought and sold shares of the company. Harbour Investments Inc. acquired a new position in Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $28,000. Global Retirement Partners LLC lifted its holdings in Invesco S&P 500 High Beta ETF by 642.9% in the fourth quarter. Global Retirement Partners LLC now owns 520 shares of the company’s stock valued at $46,000 after acquiring an additional 450 shares during the period. National Bank of Canada FI acquired a new position in Invesco S&P 500 High Beta ETF in the third quarter valued at approximately $91,000. HBW Advisory Services LLC acquired a new position in Invesco S&P 500 High Beta ETF in the fourth quarter valued at approximately $214,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in Invesco S&P 500 High Beta ETF by 22.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 2,752 shares of the company’s stock valued at $244,000 after acquiring an additional 509 shares during the period.

Invesco S&P 500 High Beta ETF Price Performance

Shares of SPHB stock opened at $82.12 on Friday. The stock has a 50 day simple moving average of $88.58 and a 200-day simple moving average of $89.32. Invesco S&P 500 High Beta ETF has a 1-year low of $75.86 and a 1-year high of $96.15. The company has a market cap of $266.07 million, a price-to-earnings ratio of 23.63 and a beta of 1.52.

Invesco S&P 500 High Beta ETF Company Profile

(Free Report)

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.