Acorn Wealth Advisors LLC Raises Stock Position in Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY)

Acorn Wealth Advisors LLC lifted its holdings in shares of Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY) by 50.7% during the 3rd quarter, Holdings Channel reports. The firm owned 16,613 shares of the company’s stock after buying an additional 5,586 shares during the period. Acorn Wealth Advisors LLC’s holdings in Invesco Global Short Term High Yield Bond ETF were worth $336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PGHY. Bright Futures Wealth Management LLC. acquired a new stake in Invesco Global Short Term High Yield Bond ETF during the 1st quarter worth approximately $292,000. LifePro Asset Management boosted its holdings in Invesco Global Short Term High Yield Bond ETF by 152.1% in the second quarter. LifePro Asset Management now owns 158,997 shares of the company’s stock valued at $3,102,000 after purchasing an additional 95,920 shares during the period. Whitcomb & Hess Inc. grew its stake in Invesco Global Short Term High Yield Bond ETF by 4.0% during the 2nd quarter. Whitcomb & Hess Inc. now owns 577,726 shares of the company’s stock worth $11,271,000 after purchasing an additional 22,301 shares in the last quarter. Royal Fund Management LLC increased its holdings in Invesco Global Short Term High Yield Bond ETF by 4.3% during the 2nd quarter. Royal Fund Management LLC now owns 185,042 shares of the company’s stock worth $3,614,000 after purchasing an additional 7,621 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Invesco Global Short Term High Yield Bond ETF by 1.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 46,566 shares of the company’s stock worth $909,000 after purchasing an additional 611 shares during the period.

Invesco Global Short Term High Yield Bond ETF Stock Performance

Shares of PGHY traded down $0.07 during midday trading on Monday, hitting $19.92. The company had a trading volume of 2,129 shares, compared to its average volume of 30,733. The company’s 50-day simple moving average is $20.07 and its 200-day simple moving average is $19.85. Invesco Global Short Term High Yield Bond ETF has a 1 year low of $19.00 and a 1 year high of $20.34.

About Invesco Global Short Term High Yield Bond ETF

The Invesco Global Short Term High Yield Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an equal-weighted index of short-term USD-denominated, high-yield corporate bonds issues by US and foreign corporations. PGHY was launched on Jun 20, 2013 and is managed by Invesco.