Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Sees Strong Trading Volume

Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHBGet Free Report) shares saw an uptick in trading volume on Monday . 4,601,433 shares were traded during trading, an increase of 2,041% from the previous session’s volume of 214,877 shares.The stock last traded at $18.11 and had previously closed at $18.10.

Invesco Fundamental High Yield Corporate Bond ETF Stock Performance

The firm’s 50-day moving average is $18.03 and its 200 day moving average is $18.02.

Institutional Investors Weigh In On Invesco Fundamental High Yield Corporate Bond ETF

Several large investors have recently made changes to their positions in the business. ProVise Management Group LLC increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 11.8% in the fourth quarter. ProVise Management Group LLC now owns 14,378 shares of the company’s stock worth $261,000 after acquiring an additional 1,520 shares in the last quarter. Moller Wealth Partners grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 4.2% during the 2nd quarter. Moller Wealth Partners now owns 38,024 shares of the company’s stock valued at $683,000 after purchasing an additional 1,543 shares in the last quarter. Transcendent Capital Group LLC acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at $31,000. Dynamic Advisor Solutions LLC grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 8.4% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 28,484 shares of the company’s stock valued at $512,000 after purchasing an additional 2,201 shares in the last quarter. Finally, ZRC Wealth Management LLC acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter valued at $68,000.

Invesco Fundamental High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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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