Family Capital Management Inc. Sells 69,639 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Family Capital Management Inc. lessened its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 63.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 39,779 shares of the company’s stock after selling 69,639 shares during the period. Invesco S&P 500 Downside Hedged ETF accounts for about 1.0% of Family Capital Management Inc.’s investment portfolio, making the stock its 22nd biggest holding. Family Capital Management Inc.’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $1,362,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lunt Capital Management Inc. grew its holdings in Invesco S&P 500 Downside Hedged ETF by 3.8% in the fourth quarter. Lunt Capital Management Inc. now owns 36,452 shares of the company’s stock worth $1,248,000 after purchasing an additional 1,344 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in Invesco S&P 500 Downside Hedged ETF in the fourth quarter worth $966,000. International Assets Investment Management LLC grew its holdings in Invesco S&P 500 Downside Hedged ETF by 2,331.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,133,458 shares of the company’s stock worth $38,798,000 after purchasing an additional 1,086,841 shares during the last quarter. Patten Group Inc. grew its holdings in Invesco S&P 500 Downside Hedged ETF by 2.7% in the fourth quarter. Patten Group Inc. now owns 79,312 shares of the company’s stock worth $2,715,000 after purchasing an additional 2,063 shares during the last quarter. Finally, WealthPlan Investment Management LLC grew its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 7.2% during the fourth quarter. WealthPlan Investment Management LLC now owns 130,828 shares of the company’s stock valued at $4,478,000 after buying an additional 8,796 shares during the last quarter.

Invesco S&P 500 Downside Hedged ETF Price Performance

NYSEARCA:PHDG traded down $0.01 during mid-day trading on Thursday, hitting $35.38. The company’s stock had a trading volume of 1,020 shares, compared to its average volume of 19,344. The business’s fifty day moving average is $36.16 and its two-hundred day moving average is $34.17. The stock has a market cap of $113.22 million, a price-to-earnings ratio of 22.55 and a beta of 0.71. Invesco S&P 500 Downside Hedged ETF has a 1 year low of $30.81 and a 1 year high of $36.92.

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.