First Growth Capital LLC purchased a new stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 25,099 shares of the company’s stock, valued at approximately $953,000. Invesco S&P 500 Downside Hedged ETF accounts for approximately 0.9% of First Growth Capital LLC’s investment portfolio, making the stock its 27th biggest position.
Several other institutional investors have also recently bought and sold shares of the stock. Cresta Advisors Ltd. acquired a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth $26,000. Advisory Services Network LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter valued at $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the fourth quarter worth $28,000. Sunbelt Securities Inc. raised its position in shares of Invesco S&P 500 Downside Hedged ETF by 231.6% during the third quarter. Sunbelt Securities Inc. now owns 7,869 shares of the company’s stock worth $293,000 after acquiring an additional 5,496 shares during the last quarter. Finally, Wolverine Trading LLC raised its position in shares of Invesco S&P 500 Downside Hedged ETF by 67.4% during the third quarter. Wolverine Trading LLC now owns 13,667 shares of the company’s stock worth $511,000 after acquiring an additional 5,502 shares during the last quarter.
Invesco S&P 500 Downside Hedged ETF Stock Up 0.8%
Shares of PHDG opened at $41.37 on Friday. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $34.42 and a 12-month high of $43.41. The firm has a market capitalization of $66.19 million, a PE ratio of 25.93 and a beta of 0.56. The stock’s fifty day simple moving average is $41.17 and its 200-day simple moving average is $39.07.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Downside Hedged ETF
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Want to see what other hedge funds are holding PHDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG – Free Report).
Receive News & Ratings for Invesco S&P 500 Downside Hedged ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Downside Hedged ETF and related companies with MarketBeat.com's FREE daily email newsletter.
