Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) Position Reduced by Cwm LLC

Cwm LLC cut its position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 139,088 shares of the company’s stock after selling 8,319 shares during the quarter. Cwm LLC owned 2.73% of Invesco S&P 500 Downside Hedged ETF worth $4,761,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Clearstead Advisors LLC lifted its stake in Invesco S&P 500 Downside Hedged ETF by 32.4% during the third quarter. Clearstead Advisors LLC now owns 2,506 shares of the company’s stock valued at $78,000 after buying an additional 613 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF in the 4th quarter valued at about $966,000. Lunt Capital Management Inc. increased its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 14.9% in the 3rd quarter. Lunt Capital Management Inc. now owns 35,108 shares of the company’s stock valued at $1,094,000 after purchasing an additional 4,554 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter valued at about $1,388,000. Finally, WealthPlan Investment Management LLC increased its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 12,684.3% in the 3rd quarter. WealthPlan Investment Management LLC now owns 52,160 shares of the company’s stock valued at $1,625,000 after purchasing an additional 51,752 shares during the period.

Invesco S&P 500 Downside Hedged ETF Price Performance

Shares of PHDG opened at $35.47 on Wednesday. The company has a market capitalization of $113.51 million, a price-to-earnings ratio of 22.55 and a beta of 0.71. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $30.81 and a fifty-two week high of $36.92. The business’s 50-day moving average is $36.15 and its 200-day moving average is $34.31.

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.