Asset Allocation Strategies LLC Sells 110,392 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

Asset Allocation Strategies LLC trimmed its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 51.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,841 shares of the company’s stock after selling 110,392 shares during the quarter. Asset Allocation Strategies LLC owned about 5.19% of Invesco S&P 500 Downside Hedged ETF worth $3,867,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Blueprint Financial Advisors LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 2nd quarter worth about $3,008,000. OLD Mission Capital LLC bought a new position in Invesco S&P 500 Downside Hedged ETF in the 1st quarter valued at about $825,000. Geneos Wealth Management Inc. lifted 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 acquiring an additional 1,014 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 170.2% during the first quarter. Kestra Advisory Services LLC now owns 93,732 shares of the company’s stock worth $3,419,000 after acquiring an additional 59,048 shares during the period. Finally, Blueprint Investment Partners LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF in the 2nd quarter valued at $2,952,000.

Invesco S&P 500 Downside Hedged ETF Price Performance

PHDG stock opened at $36.96 on Thursday. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $32.85 and a fifty-two week high of $38.98. The stock has a market capitalization of $70.22 million, a price-to-earnings ratio of 25.93 and a beta of 0.49. The business’s fifty day moving average price is $37.88 and its two-hundred day moving average price is $36.66.

Invesco S&P 500 Downside Hedged ETF Company 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.