LPL Financial LLC Buys 62,053 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

LPL Financial LLC raised its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 62.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 161,906 shares of the company’s stock after purchasing an additional 62,053 shares during the quarter. LPL Financial LLC owned 0.05% of Invesco S&P 500 Downside Hedged ETF worth $6,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wolverine Trading LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter worth $371,000. Jane Street Group LLC raised its position in Invesco S&P 500 Downside Hedged ETF by 57.0% during the third quarter. Jane Street Group LLC now owns 11,392 shares of the company’s stock valued at $435,000 after purchasing an additional 4,136 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF during the fourth quarter worth about $477,000. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 42,084 shares of the company’s stock worth $1,568,000 after purchasing an additional 2,836 shares in the last quarter. Finally, Lunt Capital Management Inc. increased its position in shares of Invesco S&P 500 Downside Hedged ETF by 19.7% during the 4th quarter. Lunt Capital Management Inc. now owns 62,561 shares of the company’s stock valued at $2,330,000 after purchasing an additional 10,282 shares during the last quarter.

Invesco S&P 500 Downside Hedged ETF Trading Down 0.8 %

Shares of NYSEARCA PHDG opened at $33.63 on Tuesday. The stock’s 50-day moving average is $37.31 and its 200 day moving average is $37.87. The stock has a market cap of $105.93 million, a price-to-earnings ratio of 25.63 and a beta of 0.38. Invesco S&P 500 Downside Hedged ETF has a 1-year low of $33.24 and a 1-year high of $39.40.

Invesco S&P 500 Downside Hedged ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.145 per share. The ex-dividend date was Monday, March 24th.

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.