International Assets Investment Management LLC Sells 2,200 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

International Assets Investment Management LLC lessened its position in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 19.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,885 shares of the company’s stock after selling 2,200 shares during the quarter. International Assets Investment Management LLC owned about 0.36% of Invesco S&P 500 Downside Hedged ETF worth $314,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PHDG. Lcnb Corp bought a new position in Invesco S&P 500 Downside Hedged ETF in the 1st quarter worth $4,594,000. Geneos Wealth Management Inc. grew its position in Invesco S&P 500 Downside Hedged ETF by 161.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 109,978 shares of the company’s stock worth $4,012,000 after purchasing an additional 67,894 shares during the last quarter. Kestra Advisory Services LLC grew its position in Invesco S&P 500 Downside Hedged ETF by 170.2% in the 1st quarter. Kestra Advisory Services LLC now owns 93,732 shares of the company’s stock worth $3,419,000 after purchasing an additional 59,048 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Invesco S&P 500 Downside Hedged ETF by 474.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 46,683 shares of the company’s stock worth $1,703,000 after purchasing an additional 38,559 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in Invesco S&P 500 Downside Hedged ETF in the 1st quarter worth $825,000.

Invesco S&P 500 Downside Hedged ETF Price Performance

NYSEARCA PHDG opened at $37.58 on Thursday. The firm has a market capitalization of $73.28 million, a price-to-earnings ratio of 25.93 and a beta of 0.36. The company’s fifty day moving average is $37.00 and its two-hundred day moving average is $35.50. Invesco S&P 500 Downside Hedged ETF has a 52-week low of $32.85 and a 52-week high of $39.23.

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.