The Invesco S&P 500 High Beta ETF (SPHB) experienced a significant outflow of approximately $184.3 million, marking a 15.6% decrease in shares outstanding from 8.1 million to 6.84 million over the past week. This change highlights notable investor behavior in the ETF market, with the latest share price for SPHB at $146.51, close to its 52-week high of $147.29.
Among the ETF’s key holdings, Coinbase Global Inc (COIN) rose by 1.6%, Super Micro Computer Inc (SMCI) increased by 2.8%, while Ciena Corp (CIEN) saw a decline of 2.7%. The 52-week low for SPHB is recorded at $86.75 per share.
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