Fortis Group Advisors LLC Boosts Stock Position in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Fortis Group Advisors LLC increased its holdings in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 18.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,748 shares of the company’s stock after purchasing an additional 6,449 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $1,518,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PHDG. Private Advisor Group LLC lifted its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 3.1% in the 3rd quarter. Private Advisor Group LLC now owns 88,914 shares of the company’s stock valued at $3,397,000 after acquiring an additional 2,697 shares during the last quarter. Silver Oak Securities Incorporated raised its position in Invesco S&P 500 Downside Hedged ETF by 319.9% during the third quarter. Silver Oak Securities Incorporated now owns 18,801 shares of the company’s stock valued at $716,000 after purchasing an additional 14,323 shares during the period. Lunt Capital Management Inc. lifted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 17.9% in the 3rd quarter. Lunt Capital Management Inc. now owns 52,279 shares of the company’s stock valued at $1,998,000 after purchasing an additional 7,928 shares during the last quarter. Philip James Wealth Mangement LLC boosted its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 4.4% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 111,890 shares of the company’s stock worth $4,275,000 after purchasing an additional 4,669 shares during the period. Finally, Wolverine Trading LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter valued at approximately $371,000.

Invesco S&P 500 Downside Hedged ETF Stock Performance

NYSEARCA:PHDG opened at $38.67 on Tuesday. The firm has a market capitalization of $123.74 million, a PE ratio of 22.68 and a beta of 0.68. The stock’s fifty day moving average is $38.11 and its 200 day moving average is $38.06. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $35.02 and a fifty-two week high of $39.40.

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.