Cwm LLC Sells 8,319 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Cwm LLC lessened its holdings in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 5.6% during the fourth quarter, Holdings Channel reports. The fund owned 139,088 shares of the company’s stock after selling 8,319 shares during the period. Cwm LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PHDG. Lunt Capital Management Inc. increased its position in Invesco S&P 500 Downside Hedged ETF by 3.8% during the 4th quarter. Lunt Capital Management Inc. now owns 36,452 shares of the company’s stock worth $1,248,000 after buying an additional 1,344 shares during the period. Geneos Wealth Management Inc. bought a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth $966,000. International Assets Investment Management LLC increased its position in Invesco S&P 500 Downside Hedged ETF by 2,331.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,133,458 shares of the company’s stock worth $38,798,000 after buying an additional 1,086,841 shares during the period. Patten Group Inc. increased its position in Invesco S&P 500 Downside Hedged ETF by 2.7% during the 4th quarter. Patten Group Inc. now owns 79,312 shares of the company’s stock worth $2,715,000 after buying an additional 2,063 shares during the period. Finally, WealthPlan Investment Management LLC increased its position in Invesco S&P 500 Downside Hedged ETF by 7.2% during the 4th quarter. WealthPlan Investment Management LLC now owns 130,828 shares of the company’s stock worth $4,478,000 after buying an additional 8,796 shares during the period.

Invesco S&P 500 Downside Hedged ETF Price Performance

PHDG stock opened at $35.47 on Wednesday. The stock has a market capitalization of $113.51 million, a price-to-earnings ratio of 22.55 and a beta of 0.71. The business’s fifty day moving average price is $36.15 and its two-hundred day moving average price is $34.31. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $30.81 and a fifty-two week high of $36.92.

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.