Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Trading 0.2% Higher – What’s Next?

Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)’s stock price traded up 0.2% on Monday . The stock traded as high as $18.28 and last traded at $18.27. 14,285 shares changed hands during trading, a decline of 86% from the average session volume of 105,104 shares. The stock had previously closed at $18.24.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $18.25 and its two-hundred day simple moving average is $18.36.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tcfg Wealth Management LLC grew its position in Invesco Fundamental High Yield Corporate Bond ETF by 5.3% in the 1st quarter. Tcfg Wealth Management LLC now owns 12,443 shares of the company’s stock valued at $225,000 after acquiring an additional 630 shares during the last quarter. Banque Cantonale Vaudoise increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 5.9% in the third quarter. Banque Cantonale Vaudoise now owns 11,480 shares of the company’s stock worth $213,000 after purchasing an additional 642 shares during the period. WealthShield Partners LLC lifted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.3% during the fourth quarter. WealthShield Partners LLC now owns 58,240 shares of the company’s stock worth $1,073,000 after purchasing an additional 753 shares during the last quarter. UBS Group AG lifted its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 1.9% during the third quarter. UBS Group AG now owns 44,500 shares of the company’s stock worth $827,000 after purchasing an additional 845 shares during the last quarter. Finally, &PARTNERS boosted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 8.3% during the fourth quarter. &PARTNERS now owns 19,245 shares of the company’s stock valued at $358,000 after purchasing an additional 1,472 shares during the period.

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.