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

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

Invesco High Yield Bond Factor ETF Stock Performance

The business has a 50 day moving average of $22.33 and a two-hundred day moving average of $22.41.

Institutional Trading of Invesco High Yield Bond Factor ETF

Hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. boosted its holdings 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 valued at $329,000 after buying an additional 1,030 shares in the last quarter. Harbour Investments Inc. bought a new position in shares of Invesco High Yield Bond Factor ETF during the 4th quarter worth approximately $25,000. Avestar Capital LLC lifted its position 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 valued at $1,021,000 after acquiring an additional 3,489 shares during the last quarter. World Investment Advisors lifted its position in Invesco High Yield Bond Factor ETF by 9.3% during the fourth quarter. World Investment Advisors now owns 57,325 shares of the company’s stock valued at $1,299,000 after acquiring an additional 4,868 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Invesco High Yield Bond Factor ETF by 23.8% in the fourth quarter. LPL Financial LLC now owns 137,514 shares of the company’s stock valued at $3,115,000 after acquiring an additional 26,445 shares in the last quarter.

Invesco High Yield Bond Factor ETF Company Profile

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.