Aurora Private Wealth Inc. Buys Shares of 14,990 Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Aurora Private Wealth Inc. purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the 1st quarter, HoldingsChannel reports. The firm purchased 14,990 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds also recently modified their holdings of the business. Bank of New York Mellon Corp raised its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 6.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,084,991 shares of the company’s stock valued at $37,697,000 after buying an additional 118,308 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 136.4% during the 4th quarter. Jane Street Group LLC now owns 103,939 shares of the company’s stock valued at $1,879,000 after acquiring an additional 59,970 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,341,646 shares of the company’s stock valued at $24,257,000 after acquiring an additional 59,924 shares in the last quarter. Bank of America Corp DE lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 3.5% in the 4th quarter. Bank of America Corp DE now owns 1,686,149 shares of the company’s stock worth $30,486,000 after purchasing an additional 56,814 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 14.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 435,016 shares of the company’s stock worth $7,865,000 after purchasing an additional 53,846 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

NYSEARCA:PHB opened at $18.36 on Thursday. The company’s 50 day moving average is $18.15 and its 200-day moving average is $18.14. Invesco Fundamental High Yield Corporate Bond ETF has a 12 month low of $17.33 and a 12 month 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.