Darwin Wealth Management LLC Sells 38,008 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

Darwin Wealth Management LLC reduced its holdings in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 67.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,207 shares of the company’s stock after selling 38,008 shares during the quarter. Darwin Wealth Management LLC owned approximately 1.04% of Invesco S&P 500 Downside Hedged ETF worth $682,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in PHDG. Advisory Services Network LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth approximately $28,000. Sunbelt Securities Inc. boosted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 231.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,869 shares of the company’s stock worth $293,000 after acquiring an additional 5,496 shares during the period. Grant Private Wealth Management Inc bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter worth approximately $366,000. Finally, Wolverine Trading LLC boosted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 67.4% during the 3rd quarter. Wolverine Trading LLC now owns 13,667 shares of the company’s stock worth $511,000 after acquiring an additional 5,502 shares during the period.

Invesco S&P 500 Downside Hedged ETF Trading Up 1.3%

Shares of NYSEARCA PHDG opened at $38.67 on Thursday. Invesco S&P 500 Downside Hedged ETF has a 12 month low of $32.85 and a 12 month high of $38.90. The stock has a 50 day moving average of $38.03 and a 200-day moving average of $37.86. The company has a market capitalization of $63.81 million, a P/E ratio of 25.93 and a beta of 0.52.

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.