Mirae Asset Global Investments Co. Ltd. Has $170,000 Position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Mirae Asset Global Investments Co. Ltd. trimmed its position in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 78.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,414 shares of the company’s stock after selling 34,834 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $170,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 257.9% during the third quarter. CWM LLC now owns 4,188 shares of the company’s stock worth $78,000 after acquiring an additional 3,018 shares in the last quarter. Capital & Planning LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth about $292,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock valued at $520,000 after purchasing an additional 6,331 shares in the last quarter. Valley Wealth Managers Inc. grew its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 13.4% in the 3rd quarter. Valley Wealth Managers Inc. now owns 42,349 shares of the company’s stock valued at $785,000 after purchasing an additional 5,010 shares during the period. Finally, Nwam LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter worth approximately $793,000.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

Shares of PHB stock opened at $18.27 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 52 week low of $17.67 and a 52 week high of $18.65. The company’s 50 day moving average price is $18.19 and its two-hundred day moving average price is $18.30.

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.