Jane Street Group LLC Trims Position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Jane Street Group LLC lowered its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 79.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,969 shares of the company’s stock after selling 165,189 shares during the quarter. Jane Street Group LLC owned about 0.12% of Invesco Fundamental High Yield Corporate Bond ETF worth $815,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of PHB. Foundations Investment Advisors LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 2.6% in the second quarter. Foundations Investment Advisors LLC now owns 326,408 shares of the company’s stock worth $5,866,000 after acquiring an additional 8,181 shares during the period. Private Advisor Group LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 2nd quarter worth $2,083,000. Towercrest Capital Management increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.3% during the 2nd quarter. Towercrest Capital Management now owns 235,393 shares of the company’s stock worth $4,230,000 after purchasing an additional 5,249 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the 2nd quarter valued at about $1,808,000. Finally, Evergreen Capital Management LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the second quarter valued at about $11,907,000.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.08 on Thursday. The company’s 50 day simple moving average is $18.27 and its 200-day simple moving average is $18.29. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.67 and a 1 year high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Profile

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.