Asset Allocation Strategies LLC Has $2.41 Million Stock Holdings in Invesco S&P 500 Downside Hedged ETF $PHDG

Asset Allocation Strategies LLC lowered its stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 25.0% during the first quarter, Holdings Channel reports. The institutional investor owned 63,702 shares of the company’s stock after selling 21,277 shares during the period. Asset Allocation Strategies LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $2,407,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. First Growth Capital LLC bought a new position in Invesco S&P 500 Downside Hedged ETF in the 4th quarter valued at about $953,000. Axxcess Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the fourth quarter worth approximately $679,000. Cresta Advisors Ltd. acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF in the fourth quarter valued at approximately $28,000. Finally, Blueprint Investment Partners LLC grew its position in shares of Invesco S&P 500 Downside Hedged ETF by 1.6% in the third quarter. Blueprint Investment Partners LLC now owns 84,961 shares of the company’s stock valued at $3,164,000 after purchasing an additional 1,320 shares during the last quarter.

Invesco S&P 500 Downside Hedged ETF Stock Performance

Shares of NYSEARCA PHDG opened at $40.58 on Monday. The firm has a market cap of $64.93 million, a P/E ratio of 25.93 and a beta of 0.56. The business’s 50 day moving average is $41.39 and its 200-day moving average is $39.18. Invesco S&P 500 Downside Hedged ETF has a 1-year low of $34.73 and a 1-year high of $43.41.

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.