Lunt Capital Management Inc. Increases Stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Lunt Capital Management Inc. boosted its stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,452 shares of the company’s stock after purchasing an additional 1,344 shares during the period. Lunt Capital Management Inc.’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $1,248,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PHDG. Bank of America Corp DE purchased a new stake in Invesco S&P 500 Downside Hedged ETF in the fourth quarter worth $43,000. Clearstead Advisors LLC boosted its holdings in Invesco S&P 500 Downside Hedged ETF by 32.4% in the third quarter. Clearstead Advisors LLC now owns 2,506 shares of the company’s stock worth $78,000 after acquiring an additional 613 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in Invesco S&P 500 Downside Hedged ETF in the first quarter worth $98,000. Jane Street Group LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF in the fourth quarter worth $222,000. Finally, Northern Trust Corp purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF during the second quarter valued at about $344,000.

Invesco S&P 500 Downside Hedged ETF Stock Performance

NYSEARCA PHDG traded down $0.14 during trading on Tuesday, hitting $35.63. The stock had a trading volume of 525 shares, compared to its average volume of 19,679. The stock has a market capitalization of $114.02 million, a price-to-earnings ratio of 22.55 and a beta of 0.71. Invesco S&P 500 Downside Hedged ETF has a one year low of $30.81 and a one year high of $36.92. The stock has a 50 day simple moving average of $36.15 and a 200 day simple moving average of $34.13.

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.