International Assets Investment Management LLC Purchases Shares of 12,764 Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) during the 4th quarter, Holdings Channel.com reports. The fund purchased 12,764 shares of the company’s stock, valued at approximately $477,000.

A number of other hedge funds have also recently made changes to their positions in the business. Wolverine Trading LLC bought a new stake in Invesco S&P 500 Downside Hedged ETF in the third quarter worth $371,000. Jane Street Group LLC grew its stake in shares of Invesco S&P 500 Downside Hedged ETF by 57.0% during the third quarter. Jane Street Group LLC now owns 11,392 shares of the company’s stock valued at $435,000 after buying an additional 4,136 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of Invesco S&P 500 Downside Hedged ETF by 319.9% in 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 during the period. Congress Park Capital LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter valued at about $753,000. Finally, Fortis Group Advisors LLC purchased a new stake in Invesco S&P 500 Downside Hedged ETF during the 3rd quarter valued at about $1,311,000.

Invesco S&P 500 Downside Hedged ETF Price Performance

PHDG opened at $37.70 on Friday. The stock’s 50 day simple moving average is $38.17 and its 200 day simple moving average is $37.98. The firm has a market cap of $120.64 million, a price-to-earnings ratio of 22.68 and a beta of 0.68. Invesco S&P 500 Downside Hedged ETF has a 1 year low of $33.93 and a 1 year 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.