Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC grew its position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 2.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 73,615 shares of the company’s stock after purchasing an additional 1,689 shares during the quarter. Sowell Financial Services LLC owned 2.37% of Invesco S&P 500 Downside Hedged ETF worth $2,685,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Philip James Wealth Mangement LLC raised its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 0.5% in the 4th quarter. Philip James Wealth Mangement LLC now owns 112,446 shares of the company’s stock worth $4,189,000 after purchasing an additional 556 shares in the last quarter. Fortis Group Advisors LLC increased its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 18.8% in the fourth quarter. Fortis Group Advisors LLC now owns 40,748 shares of the company’s stock valued at $1,518,000 after buying an additional 6,449 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco S&P 500 Downside Hedged ETF by 17.0% during the 4th quarter. Private Advisor Group LLC now owns 103,987 shares of the company’s stock valued at $3,874,000 after acquiring an additional 15,073 shares during the last quarter. Kovack Advisors Inc. boosted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 1.3% during the 4th quarter. Kovack Advisors Inc. now owns 40,849 shares of the company’s stock worth $1,522,000 after acquiring an additional 518 shares in the last quarter. Finally, Patten Group Inc. grew its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 8.7% in the 4th quarter. Patten Group Inc. now owns 116,164 shares of the company’s stock worth $4,327,000 after acquiring an additional 9,333 shares during the last quarter.

Invesco S&P 500 Downside Hedged ETF Stock Up 0.8%

Shares of Invesco S&P 500 Downside Hedged ETF stock opened at $34.91 on Tuesday. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $32.85 and a 12-month high of $39.40. The firm has a market capitalization of $99.49 million, a PE ratio of 23.01 and a beta of 0.52. The stock’s fifty day moving average is $34.07 and its 200-day moving average is $36.37.

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.