Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Sets New 52-Week High at $18.44

Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) reached a new 52-week high during trading on Wednesday . The company traded as high as $18.44 and last traded at $18.44, with a volume of 21385 shares. The stock had previously closed at $18.36.

Invesco Fundamental High Yield Corporate Bond ETF Stock Down 0.1 %

The stock has a 50 day moving average of $18.23 and a 200 day moving average of $18.08.

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

Large investors have recently added to or reduced their stakes in the business. Evergreen Capital Management LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 2nd quarter worth about $11,907,000. Jane Street Group LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the first quarter worth approximately $7,577,000. Foundations Investment Advisors LLC bought a new position in Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter valued at approximately $5,550,000. Peninsula Wealth LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the first quarter worth approximately $4,173,000. Finally, Vantage Financial Partners Ltd. Inc. bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 4th quarter worth approximately $3,785,000.

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.