Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $18.32 and last traded at $18.32, with a volume of 37534 shares changing hands. The stock had previously closed at $18.23.
Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.4 %
The firm has a 50-day moving average of $18.12 and a two-hundred day moving average of $18.04.
Institutional Investors Weigh In On Invesco Fundamental High Yield Corporate Bond ETF
Several hedge funds and other institutional investors have recently made changes to their positions in PHB. Transcendent Capital Group LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter valued at approximately $31,000. Raymond James & Associates bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter worth approximately $196,000. Mosley Wealth Management acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter valued at approximately $204,000. PFG Investments LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the first quarter valued at $212,000. Finally, ProVise Management Group LLC lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 11.8% during the fourth quarter. ProVise Management Group LLC now owns 14,378 shares of the company’s stock worth $261,000 after purchasing an additional 1,520 shares during the period.
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.
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