Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) Short Interest Update

Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 900 shares, a growth of 50.0% from the September 15th total of 600 shares. Based on an average trading volume of 9,700 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 9,700 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PHDG. Avantax Advisory Services Inc. acquired a new stake in Invesco S&P 500 Downside Hedged ETF in the first quarter worth about $236,000. Grant Private Wealth Management Inc acquired a new stake in Invesco S&P 500 Downside Hedged ETF in the 3rd quarter worth approximately $366,000. OLD Mission Capital LLC purchased a new stake in Invesco S&P 500 Downside Hedged ETF during the 1st quarter worth approximately $825,000. Silver Oak Securities Incorporated grew its position in Invesco S&P 500 Downside Hedged ETF by 12.8% during the 1st quarter. Silver Oak Securities Incorporated now owns 26,605 shares of the company’s stock worth $962,000 after purchasing an additional 3,020 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Invesco S&P 500 Downside Hedged ETF by 2.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 43,098 shares of the company’s stock valued at $1,572,000 after purchasing an additional 1,014 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Trading Down 0.3%

NYSEARCA PHDG opened at $37.58 on Thursday. The firm’s fifty day simple moving average is $37.00 and its two-hundred day simple moving average is $35.50. The firm has a market capitalization of $73.28 million, a P/E ratio of 25.93 and a beta of 0.36. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $32.85 and a 12-month high of $39.23.

Invesco S&P 500 Downside Hedged ETF Company 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.