Asset Allocation Strategies LLC Sells 18,862 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

Asset Allocation Strategies LLC lowered its holdings in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 18.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 84,979 shares of the company’s stock after selling 18,862 shares during the period. Asset Allocation Strategies LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $3,182,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of PHDG. Cresta Advisors Ltd. bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the fourth quarter valued at approximately $26,000. Advisory Services Network LLC acquired a new position in Invesco S&P 500 Downside Hedged ETF during the third quarter valued at approximately $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. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 7.4% during the third quarter. Envestnet Asset Management Inc. now owns 15,657 shares of the company’s stock worth $583,000 after buying an additional 1,081 shares during the last quarter. Finally, Blueprint Investment Partners LLC grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 1.6% during the third quarter. Blueprint Investment Partners LLC now owns 84,961 shares of the company’s stock worth $3,164,000 after buying an additional 1,320 shares during the last quarter.

Invesco S&P 500 Downside Hedged ETF Stock Up 0.4%

PHDG stock opened at $41.53 on Friday. The firm has a market cap of $66.45 million, a price-to-earnings ratio of 25.93 and a beta of 0.56. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $34.42 and a 12-month high of $43.05. The company’s fifty day simple moving average is $40.86 and its 200 day simple moving average is $38.96.

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.