Invesco S&P 500 Downside Hedged ETF $PHDG Shares Sold by Family Capital Management Inc.

Family Capital Management Inc. lessened its stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,809 shares of the company’s stock after selling 1,259 shares during the quarter. Family Capital Management Inc. owned about 0.97% of Invesco S&P 500 Downside Hedged ETF worth $840,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Lcnb Corp acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 1st quarter valued at $4,594,000. Geneos Wealth Management Inc. lifted its holdings in Invesco S&P 500 Downside Hedged ETF by 161.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 109,978 shares of the company’s stock worth $4,012,000 after buying an additional 67,894 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in Invesco S&P 500 Downside Hedged ETF by 170.2% in the 1st quarter. Kestra Advisory Services LLC now owns 93,732 shares of the company’s stock worth $3,419,000 after buying an additional 59,048 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco S&P 500 Downside Hedged ETF by 474.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 46,683 shares of the company’s stock worth $1,703,000 after buying an additional 38,559 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 1st quarter valued at about $825,000.

Invesco S&P 500 Downside Hedged ETF Stock Performance

Shares of Invesco S&P 500 Downside Hedged ETF stock opened at $37.68 on Wednesday. The firm has a market cap of $73.48 million, a PE ratio of 25.93 and a beta of 0.36. The firm’s 50-day simple moving average is $36.98 and its 200-day simple moving average is $35.49. Invesco S&P 500 Downside Hedged ETF has a 1 year low of $32.85 and a 1 year high of $39.23.

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.