Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Trading Up 0.1% – Still a Buy?

Shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYFGet Free Report) rose 0.1% on Thursday . The company traded as high as $22.17 and last traded at $22.1450. 5,586 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 36,080 shares. The stock had previously closed at $22.1250.

Invesco High Yield Bond Factor ETF Trading Down 0.0%

The stock’s fifty day simple moving average is $22.33 and its 200-day simple moving average is $22.41.

Institutional Investors Weigh In On Invesco High Yield Bond Factor ETF

Hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. lifted its position in shares of Invesco High Yield Bond Factor ETF by 7.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,536 shares of the company’s stock worth $329,000 after acquiring an additional 1,030 shares during the period. Harbour Investments Inc. bought a new stake in Invesco High Yield Bond Factor ETF in the fourth quarter valued at about $25,000. Avestar Capital LLC lifted its stake in Invesco High Yield Bond Factor ETF by 8.4% during the fourth quarter. Avestar Capital LLC now owns 45,075 shares of the company’s stock worth $1,021,000 after purchasing an additional 3,489 shares during the period. World Investment Advisors grew its stake in shares of Invesco High Yield Bond Factor ETF by 9.3% in the 4th quarter. World Investment Advisors now owns 57,325 shares of the company’s stock valued at $1,299,000 after purchasing an additional 4,868 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Invesco High Yield Bond Factor ETF by 23.8% during the 4th quarter. LPL Financial LLC now owns 137,514 shares of the company’s stock worth $3,115,000 after buying an additional 26,445 shares during the period.

Invesco High Yield Bond Factor ETF Company Profile

(Get Free Report)

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.

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