Lunt Capital Management Inc. Sells 10,179 Shares of Invesco S&P 500 Downside Hedged ETF $PHDG

Lunt Capital Management Inc. decreased its stake in shares of Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) by 14.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,549 shares of the company’s stock after selling 10,179 shares during the period. Lunt Capital Management Inc.’s holdings in Invesco S&P 500 Downside Hedged ETF were worth $2,066,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Lcnb Corp bought a new stake in Invesco S&P 500 Downside Hedged ETF during the 1st quarter valued at approximately $4,594,000. Geneos Wealth Management Inc. raised its position in shares of Invesco S&P 500 Downside Hedged ETF by 161.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 109,978 shares of the company’s stock worth $4,012,000 after acquiring an additional 67,894 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Invesco S&P 500 Downside Hedged ETF by 170.2% in the 1st quarter. Kestra Advisory Services LLC now owns 93,732 shares of the company’s stock valued at $3,419,000 after purchasing an additional 59,048 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Downside Hedged ETF by 474.6% during the first quarter. Envestnet Asset Management Inc. now owns 46,683 shares of the company’s stock valued at $1,703,000 after purchasing an additional 38,559 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the first quarter valued at approximately $825,000.

Invesco S&P 500 Downside Hedged ETF Trading Down 0.6%

PHDG opened at $37.34 on Wednesday. The company has a market cap of $74.68 million, a price-to-earnings ratio of 25.93 and a beta of 0.36. The stock has a fifty day simple moving average of $36.82 and a two-hundred day simple moving average of $35.42. Invesco S&P 500 Downside Hedged ETF has a 12-month low of $32.85 and a 12-month high of $39.23.

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.