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

Darwin Wealth Management LLC reduced its position in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 67.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 18,207 shares of the company’s stock after selling 38,008 shares during the quarter. Darwin Wealth Management LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $682,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in Invesco S&P 500 Downside Hedged ETF by 112.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 91,696 shares of the company’s stock valued at $3,236,000 after buying an additional 48,598 shares during the period. WFA of San Diego LLC bought a new position in Invesco S&P 500 Downside Hedged ETF in the 2nd quarter valued at about $1,757,000. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Downside Hedged ETF by 7.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 15,657 shares of the company’s stock valued at $583,000 after buying an additional 1,081 shares during the period. Wolverine Trading LLC increased its holdings in Invesco S&P 500 Downside Hedged ETF by 67.4% in the 3rd quarter. Wolverine Trading LLC now owns 13,667 shares of the company’s stock valued at $511,000 after buying an additional 5,502 shares during the period. Finally, Sunbelt Securities Inc. increased its holdings in Invesco S&P 500 Downside Hedged ETF by 231.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 7,869 shares of the company’s stock valued at $293,000 after buying an additional 5,496 shares during the period.

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

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

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.