Private Advisor Group LLC Increases Stock Holdings in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 17.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 103,987 shares of the company’s stock after purchasing an additional 15,073 shares during the quarter. Private Advisor Group LLC owned approximately 3.25% of Invesco S&P 500 Downside Hedged ETF worth $3,874,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Fortis Group Advisors LLC increased its position in shares of Invesco S&P 500 Downside Hedged ETF by 18.8% during the fourth quarter. Fortis Group Advisors LLC now owns 40,748 shares of the company’s stock valued at $1,518,000 after buying an additional 6,449 shares during the period. Philip James Wealth Mangement LLC boosted its position in Invesco S&P 500 Downside Hedged ETF by 0.5% during the 4th quarter. Philip James Wealth Mangement LLC now owns 112,446 shares of the company’s stock valued at $4,189,000 after acquiring an additional 556 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 25.4% during the 4th quarter. Silver Oak Securities Incorporated now owns 23,585 shares of the company’s stock worth $882,000 after acquiring an additional 4,784 shares during the period. Lunt Capital Management Inc. raised its position in shares of Invesco S&P 500 Downside Hedged ETF by 19.7% in the 4th quarter. Lunt Capital Management Inc. now owns 62,561 shares of the company’s stock worth $2,330,000 after acquiring an additional 10,282 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 42,084 shares of the company’s stock valued at $1,568,000 after purchasing an additional 2,836 shares during the period.

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

Shares of PHDG stock opened at $38.35 on Monday. The business’s fifty day moving average is $38.08 and its 200 day moving average is $38.08. The stock has a market cap of $115.05 million, a price-to-earnings ratio of 27.28 and a beta of 0.36. Invesco S&P 500 Downside Hedged ETF has a twelve month low of $35.02 and a twelve month 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.