55,073 Shares in Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Purchased by Seros Financial LLC

Seros Financial LLC purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 55,073 shares of the company’s stock, valued at approximately $990,000. Invesco Fundamental High Yield Corporate Bond ETF makes up approximately 0.9% of Seros Financial LLC’s portfolio, making the stock its 21st biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PHB. Benjamin Edwards Inc. raised its holdings in shares of 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 valued at $1,923,000 after acquiring an additional 86,430 shares in the last quarter. Darwin Wealth Management LLC boosted its position in Invesco Fundamental High Yield Corporate Bond ETF by 55.5% during the 3rd quarter. Darwin Wealth Management LLC now owns 156,473 shares of the company’s stock valued at $2,901,000 after buying an additional 55,844 shares during the period. Nwam LLC purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF during the 3rd quarter valued at about $793,000. Cetera Investment Advisers boosted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 79.1% during the 2nd quarter. Cetera Investment Advisers now owns 75,820 shares of the company’s stock valued at $1,362,000 after purchasing an additional 33,476 shares in the last quarter. Finally, Revolve Wealth Partners LLC grew its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 10.2% during the 3rd quarter. Revolve Wealth Partners LLC now owns 298,259 shares of the company’s stock worth $5,530,000 after acquiring an additional 27,508 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Trading Up 0.1 %

PHB stock opened at $18.17 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a 52-week low of $17.67 and a 52-week high of $18.65. The firm has a 50 day moving average price of $18.22 and a 200-day moving average price of $18.30.

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.