Patten Group Inc. Has $3.04 Million Stock Holdings in Invesco S&P 500 Downside Hedged ETF $PHDG

Patten Group Inc. decreased its position in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 25.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,051 shares of the company’s stock after selling 29,159 shares during the period. Patten Group Inc.’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $3,037,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in PHDG. Avantax Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the 1st quarter worth approximately $236,000. OLD Mission Capital LLC acquired a new stake in Invesco S&P 500 Downside Hedged ETF in the first quarter valued at approximately $825,000. Silver Oak Securities Incorporated boosted its position in Invesco S&P 500 Downside Hedged ETF by 12.8% in the first quarter. Silver Oak Securities Incorporated now owns 26,605 shares of the company’s stock valued at $962,000 after buying an additional 3,020 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Invesco S&P 500 Downside Hedged ETF by 2.4% in the first quarter. Geneos Wealth Management Inc. now owns 43,098 shares of the company’s stock valued at $1,572,000 after buying an additional 1,014 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Invesco S&P 500 Downside Hedged ETF by 474.6% in the first quarter. Envestnet Asset Management Inc. now owns 46,683 shares of the company’s stock valued at $1,703,000 after buying an additional 38,559 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Price Performance

Shares of Invesco S&P 500 Downside Hedged ETF stock opened at $37.68 on Wednesday. Invesco S&P 500 Downside Hedged ETF has a fifty-two week low of $32.85 and a fifty-two week high of $39.23. The firm has a market capitalization of $73.48 million, a P/E ratio of 25.93 and a beta of 0.36. The company’s 50 day moving average price is $36.98 and its two-hundred day moving average price is $35.49.

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.