Family Capital Management Inc. reduced its position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG – Free Report) by 16.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,582 shares of the company’s stock after selling 4,986 shares during the period. Family Capital Management Inc.’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $977,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PHDG. Silver Oak Securities Incorporated increased its stake in shares of Invesco S&P 500 Downside Hedged ETF by 319.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 18,801 shares of the company’s stock valued at $716,000 after purchasing an additional 14,323 shares during the last quarter. Congress Park Capital LLC bought a new position in Invesco S&P 500 Downside Hedged ETF in the third quarter valued at about $753,000. Atria Investments Inc raised its stake in Invesco S&P 500 Downside Hedged ETF by 1.6% during the first quarter. Atria Investments Inc now owns 31,691 shares of the company’s stock worth $1,166,000 after acquiring an additional 501 shares in the last quarter. Fortis Group Advisors LLC acquired a new position in Invesco S&P 500 Downside Hedged ETF during the third quarter worth about $1,311,000. Finally, Lunt Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 17.9% in the third quarter. Lunt Capital Management Inc. now owns 52,279 shares of the company’s stock worth $1,998,000 after acquiring an additional 7,928 shares during the last quarter.
Invesco S&P 500 Downside Hedged ETF Trading Up 0.4 %
PHDG opened at $38.30 on Friday. The company’s 50 day moving average is $38.14 and its 200-day moving average is $37.58. The company has a market cap of $122.56 million, a P/E ratio of 22.68 and a beta of 0.68. Invesco S&P 500 Downside Hedged ETF has a 1-year low of $32.77 and a 1-year high of $39.40.
Invesco S&P 500 Downside Hedged ETF Company Profile
The Invesco S&P 500 Downside Hedged ETF (PHDG) is an exchange-traded fund that is based on the S&P 500 Dynamic VEQTOR index. The fund is an actively-managed ETF that allocates its portfolio between S&P 500 equities, VIX Index futures and cash. PHDG was launched on Dec 6, 2012 and is managed by Invesco.
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