JPMorgan Chase & Co. increased its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Free Report) by 2.1% in the fourth quarter, Holdings Channel reports. The firm owned 28,618 shares of the company’s stock after buying an additional 593 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $517,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Rialto Wealth Management LLC bought a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter valued at about $60,000. Jones Financial Companies Lllp boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 579.0% during the fourth quarter. Jones Financial Companies Lllp now owns 10,001 shares of the company’s stock valued at $181,000 after purchasing an additional 8,528 shares during the last quarter. Capital & Planning LLC bought a new position in Invesco Fundamental High Yield Corporate Bond ETF in the fourth quarter valued at approximately $292,000. Csenge Advisory Group increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 37.6% during the 4th quarter. Csenge Advisory Group now owns 29,473 shares of the company’s stock worth $533,000 after purchasing an additional 8,046 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 604.1% during the 4th quarter. TD Private Client Wealth LLC now owns 30,635 shares of the company’s stock worth $554,000 after purchasing an additional 26,284 shares in the last quarter.
Invesco Fundamental High Yield Corporate Bond ETF Stock Down 0.3 %
Shares of Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.05 on Thursday. The business has a fifty day simple moving average of $18.02 and a two-hundred day simple moving average of $18.17. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $17.33 and a 1 year high of $18.65.
Invesco Fundamental High Yield Corporate Bond ETF Company 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.
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