Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 356,237 shares changed hands during mid-day trading, an increase of 456% from the previous session’s volume of 64,098 shares.The stock last traded at $18.15 and had previously closed at $18.14.
Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.1 %
The firm’s 50 day simple moving average is $18.26 and its 200 day simple moving average is $18.29.
Institutional Trading of Invesco Fundamental High Yield Corporate Bond ETF
A number of large investors have recently added to or reduced their stakes in PHB. Evergreen Capital Management LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 2nd quarter worth approximately $11,907,000. Private Advisor Group LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 2nd quarter worth approximately $2,083,000. Darwin Wealth Management LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 2nd quarter worth approximately $1,808,000. Benjamin Edwards Inc. boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 500.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 103,717 shares of the company’s stock worth $1,923,000 after purchasing an additional 86,430 shares during the period. Finally, Nwam LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter valued at $793,000.
About Invesco Fundamental High Yield Corporate Bond ETF
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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