Philip James Wealth Mangement LLC Purchases 556 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Philip James Wealth Mangement LLC lifted its position in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,446 shares of the company’s stock after acquiring an additional 556 shares during the quarter. Philip James Wealth Mangement LLC owned approximately 3.51% of Invesco S&P 500 Downside Hedged ETF worth $4,189,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PHDG. Fortis Group Advisors LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter worth $1,311,000. Private Advisor Group LLC grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 3.1% in the 3rd quarter. Private Advisor Group LLC now owns 88,914 shares of the company’s stock worth $3,397,000 after acquiring an additional 2,697 shares in the last quarter. Silver Oak Securities Incorporated grew 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 worth $716,000 after acquiring an additional 14,323 shares in the last quarter. Lunt Capital Management Inc. grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 17.9% in the 3rd 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 in the last quarter. Finally, Wolverine Trading LLC purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter worth about $371,000.

Invesco S&P 500 Downside Hedged ETF Stock Performance

Shares of NYSEARCA:PHDG opened at $38.67 on Monday. The company’s 50-day moving average is $38.11 and its 200 day moving average is $38.06. The company has a market capitalization of $123.74 million, a P/E ratio of 22.68 and a beta of 0.68. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $35.02 and a fifty-two week high of $39.40.

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.