First Growth Capital LLC Acquires Shares of 25,099 Invesco S&P 500 Downside Hedged ETF $PHDG

First Growth Capital LLC acquired a new stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 25,099 shares of the company’s stock, valued at approximately $953,000. Invesco S&P 500 Downside Hedged ETF accounts for approximately 0.9% of First Growth Capital LLC’s investment portfolio, making the stock its 27th largest holding. First Growth Capital LLC owned approximately 1.43% of Invesco S&P 500 Downside Hedged ETF as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the stock. Darwin Wealth Management LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 2nd quarter worth approximately $2,065,000. WFA of San Diego LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF in the second quarter valued at $1,757,000. OLD Mission Capital LLC grew its position in Invesco S&P 500 Downside Hedged ETF by 86.9% in the fourth quarter. OLD Mission Capital LLC now owns 63,892 shares of the company’s stock valued at $2,392,000 after acquiring an additional 29,707 shares during the period. Axxcess Wealth Management LLC acquired a new position in Invesco S&P 500 Downside Hedged ETF during the fourth quarter worth $679,000. Finally, Wolverine Trading LLC raised its stake in Invesco S&P 500 Downside Hedged ETF by 67.4% during the third quarter. Wolverine Trading LLC now owns 13,667 shares of the company’s stock worth $511,000 after acquiring an additional 5,502 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Stock Performance

Shares of NYSEARCA PHDG opened at $41.37 on Friday. The stock has a market cap of $66.19 million, a PE ratio of 25.93 and a beta of 0.56. The business has a fifty day moving average of $41.17 and a two-hundred day moving average of $39.07. Invesco S&P 500 Downside Hedged ETF has a 52-week low of $34.42 and a 52-week high of $43.41.

Invesco S&P 500 Downside Hedged ETF 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.