Private Advisor Group LLC Acquires 15,073 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Private Advisor Group LLC raised its holdings in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 17.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 103,987 shares of the company’s stock after buying an additional 15,073 shares during the period. Private Advisor Group LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $3,874,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Silver Oak Securities Incorporated boosted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 319.9% during the third 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 period. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth $477,000. Lunt Capital Management Inc. raised its position in Invesco S&P 500 Downside Hedged ETF by 19.7% during the 4th quarter. Lunt Capital Management Inc. now owns 62,561 shares of the company’s stock valued at $2,330,000 after purchasing an additional 10,282 shares in the last quarter. Wolverine Trading LLC purchased a new stake in Invesco S&P 500 Downside Hedged ETF in the third quarter worth about $371,000. Finally, Fortis Group Advisors LLC lifted its position in shares of Invesco S&P 500 Downside Hedged ETF by 18.8% in the 4th quarter. Fortis Group Advisors LLC now owns 40,748 shares of the company’s stock worth $1,518,000 after purchasing an additional 6,449 shares during the period.

Invesco S&P 500 Downside Hedged ETF Trading Down 0.5 %

Shares of NYSEARCA PHDG opened at $38.35 on Monday. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $35.02 and a 12-month high of $39.40. The stock’s fifty day simple moving average is $38.08 and its two-hundred day simple moving average is $38.08. The stock has a market capitalization of $115.05 million, a PE ratio of 27.28 and a beta of 0.36.

Invesco S&P 500 Downside Hedged ETF 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.