Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Get Free Report) shot up 0.2% during trading on Friday . The stock traded as high as $18.28 and last traded at $18.27. Approximately 14,285 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 105,104 shares. The stock had previously closed at $18.24.
Invesco Fundamental High Yield Corporate Bond ETF Price Performance
The firm has a 50-day moving average price of $18.27 and a two-hundred day moving average price of $18.25.
Institutional Investors Weigh In On Invesco Fundamental High Yield Corporate Bond ETF
Hedge funds have recently bought and sold shares of the company. Arax Advisory Partners bought a new position in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth $30,000. CX Institutional acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 2nd quarter worth about $46,000. Kestra Advisory Services LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter worth about $87,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter worth about $99,000. Finally, Private Advisor Group LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter valued at about $187,000.
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.
Featured Articles
- Five stocks we like better than Invesco Fundamental High Yield Corporate Bond ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Invesco Fundamental High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Fundamental High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
