Wolverine Trading LLC Buys New Stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Wolverine Trading LLC purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,747 shares of the company’s stock, valued at approximately $371,000. Wolverine Trading LLC owned 0.30% of Invesco S&P 500 Downside Hedged ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Silver Oak Securities Incorporated grew its position in shares of 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 worth $716,000 after buying an additional 14,323 shares in the last quarter. Congress Park Capital LLC purchased a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter valued at approximately $753,000. Fortis Group Advisors LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter valued at $1,311,000. Lunt Capital Management Inc. lifted its position in shares of Invesco S&P 500 Downside Hedged ETF by 17.9% during the 3rd quarter. Lunt Capital Management Inc. now owns 52,279 shares of the company’s stock worth $1,998,000 after purchasing an additional 7,928 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 3.1% during the third quarter. Private Advisor Group LLC now owns 88,914 shares of the company’s stock worth $3,397,000 after purchasing an additional 2,697 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Price Performance

NYSEARCA:PHDG opened at $38.76 on Friday. The firm has a market capitalization of $124.03 million, a PE ratio of 22.68 and a beta of 0.68. The business’s fifty day moving average price is $38.42 and its 200 day moving average price is $37.85. Invesco S&P 500 Downside Hedged ETF has a 12 month low of $33.48 and a 12 month high of $39.40.

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.