Philip James Wealth Mangement LLC Has $309,000 Position in Invesco S&P 500 Downside Hedged ETF $PHDG

Philip James Wealth Mangement LLC lowered its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 92.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,287 shares of the company’s stock after selling 106,864 shares during the quarter. Philip James Wealth Mangement LLC owned about 0.42% of Invesco S&P 500 Downside Hedged ETF worth $309,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Grant Private Wealth Management Inc bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter worth $366,000. WFA of San Diego LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF during the second quarter valued at about $1,757,000. Darwin Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the second quarter valued at about $2,065,000. Sowell Financial Services LLC increased its stake in shares of Invesco S&P 500 Downside Hedged ETF by 5.6% in the second quarter. Sowell Financial Services LLC now owns 77,737 shares of the company’s stock worth $2,743,000 after purchasing an additional 4,122 shares during the period. Finally, Blueprint Investment Partners LLC acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 2nd quarter worth about $2,952,000.

Invesco S&P 500 Downside Hedged ETF Stock Up 0.7%

Shares of NYSEARCA:PHDG opened at $38.01 on Monday. The company has a market cap of $70.32 million, a price-to-earnings ratio of 25.93 and a beta of 0.49. The business has a 50 day moving average price of $37.85 and a 200 day moving average price of $37.03. Invesco S&P 500 Downside Hedged ETF has a twelve month low of $32.85 and a twelve month high of $38.89.

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.