Envestnet Asset Management Inc. Has $514,000 Stake in Invesco S&P 500 Downside Hedged ETF $PHDG

Envestnet Asset Management Inc. decreased its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 68.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 14,576 shares of the company’s stock after selling 32,107 shares during the quarter. Envestnet Asset Management Inc. owned 0.59% of Invesco S&P 500 Downside Hedged ETF worth $514,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in Invesco S&P 500 Downside Hedged ETF by 2.4% during the first quarter. Geneos Wealth Management Inc. now owns 43,098 shares of the company’s stock worth $1,572,000 after buying an additional 1,014 shares in the last quarter. Sowell Financial Services LLC lifted its position in shares of Invesco S&P 500 Downside Hedged ETF by 5.6% in the 2nd quarter. Sowell Financial Services LLC now owns 77,737 shares of the company’s stock worth $2,743,000 after acquiring an additional 4,122 shares during the period. Avantax Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 1st quarter worth approximately $236,000. OLD Mission Capital LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the first quarter valued at approximately $825,000. Finally, Kestra Advisory Services LLC raised its stake in shares of Invesco S&P 500 Downside Hedged ETF by 170.2% in the first quarter. Kestra Advisory Services LLC now owns 93,732 shares of the company’s stock valued at $3,419,000 after purchasing an additional 59,048 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Price Performance

Shares of PHDG stock opened at $37.82 on Tuesday. Invesco S&P 500 Downside Hedged ETF has a one year low of $32.85 and a one year high of $39.23. The stock has a fifty day moving average price of $37.64 and a 200 day moving average price of $36.20. The stock has a market cap of $71.86 million, a P/E ratio of 25.93 and a beta of 0.49.

About Invesco S&P 500 Downside Hedged ETF

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.