Asset Allocation Strategies LLC Sells 18,862 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

Asset Allocation Strategies LLC decreased its stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 18.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,979 shares of the company’s stock after selling 18,862 shares during the period. Asset Allocation Strategies LLC owned about 4.86% of Invesco S&P 500 Downside Hedged ETF worth $3,182,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter worth about $26,000. Cresta Advisors Ltd. bought a new stake in Invesco S&P 500 Downside Hedged ETF during the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF during the 4th quarter valued at about $28,000. Sunbelt Securities Inc. increased its stake in 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 valued at $293,000 after purchasing an additional 5,496 shares in the last quarter. Finally, Wolverine Trading LLC increased its stake in 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 valued at $511,000 after purchasing an additional 5,502 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Price Performance

Shares of NYSEARCA:PHDG opened at $41.53 on Friday. Invesco S&P 500 Downside Hedged ETF has a 1-year low of $34.42 and a 1-year high of $43.05. The company has a market capitalization of $66.45 million, a P/E ratio of 25.93 and a beta of 0.56. The firm’s 50 day simple moving average is $40.86 and its two-hundred day simple moving average is $38.96.

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.