Family Capital Management Inc. Has $1.36 Million Stake in Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG)

Family Capital Management Inc. reduced its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 63.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,779 shares of the company’s stock after selling 69,639 shares during the quarter. Invesco S&P 500 Downside Hedged ETF accounts for 1.0% of Family Capital Management Inc.’s portfolio, making the stock its 22nd largest position. Family Capital Management Inc. owned about 0.78% of Invesco S&P 500 Downside Hedged ETF worth $1,362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in Invesco S&P 500 Downside Hedged ETF during the fourth quarter worth $43,000. Clearstead Advisors LLC boosted its holdings in Invesco S&P 500 Downside Hedged ETF by 32.4% during the third quarter. Clearstead Advisors LLC now owns 2,506 shares of the company’s stock worth $78,000 after buying an additional 613 shares during the last quarter. Sunbelt Securities Inc. bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 1st quarter valued at about $98,000. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 4th quarter valued at about $222,000. Finally, Northern Trust Corp bought a new position in shares of Invesco S&P 500 Downside Hedged ETF during the 2nd quarter valued at about $344,000.

Invesco S&P 500 Downside Hedged ETF Stock Performance

Invesco S&P 500 Downside Hedged ETF stock traded down $0.01 during midday trading on Thursday, reaching $35.38. The stock had a trading volume of 1,020 shares, compared to its average volume of 19,344. The firm’s fifty day simple moving average is $36.16 and its 200-day simple moving average is $34.17. Invesco S&P 500 Downside Hedged ETF has a 1-year low of $30.81 and a 1-year high of $36.92. The stock has a market capitalization of $113.22 million, a P/E ratio of 22.55 and a beta of 0.71.

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.