January Capital Advisors LLC Acquires Shares of 24,733 Invesco S&P 500 Downside Hedged ETF $PHDG

January Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,733 shares of the company’s stock, valued at approximately $935,000. Invesco S&P 500 Downside Hedged ETF comprises approximately 1.3% of January Capital Advisors LLC’s holdings, making the stock its 18th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in PHDG. Cresta Advisors Ltd. acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 4th quarter worth about $26,000. Advisory Services Network LLC acquired a new position in Invesco S&P 500 Downside Hedged ETF during the 3rd quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter valued at about $28,000. Mariner LLC boosted its stake in Invesco S&P 500 Downside Hedged ETF by 6.8% during the 4th quarter. Mariner LLC now owns 14,517 shares of the company’s stock valued at $544,000 after purchasing an additional 919 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Downside Hedged ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 15,657 shares of the company’s stock worth $583,000 after purchasing an additional 1,081 shares in the last quarter.

Invesco S&P 500 Downside Hedged ETF Stock Up 1.1%

Shares of Invesco S&P 500 Downside Hedged ETF stock opened at $40.75 on Friday. The company has a market cap of $61.12 million, a PE ratio of 25.93 and a beta of 0.56. Invesco S&P 500 Downside Hedged ETF has a 52 week low of $34.73 and a 52 week high of $43.41. The business has a 50 day moving average price of $41.38 and a 200-day moving average price of $39.72.

About Invesco S&P 500 Downside Hedged ETF

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.