Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Stock Position Lifted by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 5.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 122,553 shares of the company’s stock after purchasing an additional 6,652 shares during the period. Private Advisor Group LLC owned about 0.34% of Invesco Fundamental High Yield Corporate Bond ETF worth $2,272,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the second quarter worth approximately $11,907,000. Jane Street Group LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter worth approximately $7,577,000. Peninsula Wealth LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter worth approximately $4,173,000. Anfield Capital Management LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 40.8% in the second quarter. Anfield Capital Management LLC now owns 533,652 shares of the company’s stock worth $9,590,000 after acquiring an additional 154,522 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 6.8% in the second quarter. Bank of New York Mellon Corp now owns 1,858,436 shares of the company’s stock worth $33,396,000 after acquiring an additional 118,716 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.30 on Wednesday. The firm has a fifty day simple moving average of $18.43 and a 200-day simple moving average of $18.19. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $16.86 and a 1-year high of $18.65.

About Invesco Fundamental High Yield Corporate Bond ETF

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) is an exchange-traded fund that is based on the RAFI Bonds US High Yield 1-10 index. The fund tracks a fundamental-weighted index of high-yield US corporate bonds that must be rated between B3\u002FB- and Ba1\u002FBB+. PHB was launched on Nov 15, 2007 and is managed by Invesco.