Silver Oak Securities Incorporated Buys 4,784 Shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Silver Oak Securities Incorporated grew its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 25.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,585 shares of the company’s stock after purchasing an additional 4,784 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PHDG. Lunt Capital Management Inc. boosted its position in Invesco S&P 500 Downside Hedged ETF by 19.7% during the 4th quarter. Lunt Capital Management Inc. now owns 62,561 shares of the company’s stock valued at $2,330,000 after acquiring an additional 10,282 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Downside Hedged ETF by 7.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 42,084 shares of the company’s stock valued at $1,568,000 after purchasing an additional 2,836 shares in the last quarter. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Downside Hedged ETF in the fourth quarter worth $477,000. Jane Street Group LLC lifted its position in 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 period. Finally, Wolverine Trading LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 3rd quarter valued at $371,000.

Invesco S&P 500 Downside Hedged ETF Price Performance

Shares of NYSEARCA PHDG opened at $38.36 on Friday. Invesco S&P 500 Downside Hedged ETF has a 1 year low of $35.02 and a 1 year high of $39.40. The firm has a 50-day moving average of $38.16 and a 200 day moving average of $38.00. The stock has a market cap of $122.75 million, a P/E ratio of 22.68 and a beta of 0.68.

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.