Envestnet Asset Management Inc. lifted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB – Free Report) by 8.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 507,492 shares of the company’s stock after acquiring an additional 38,801 shares during the period. Envestnet Asset Management Inc. owned 1.61% of Invesco Fundamental High Yield Corporate Bond ETF worth $8,871,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $152,000. WealthPLAN Partners LLC bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $28,000. Friedenthal Financial bought a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $207,000. Cambridge Investment Research Advisors Inc. increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 33.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 144,290 shares of the company’s stock valued at $2,527,000 after purchasing an additional 36,387 shares in the last quarter. Finally, Revolve Wealth Partners LLC increased its stake in Invesco Fundamental High Yield Corporate Bond ETF by 10.7% during the 2nd quarter. Revolve Wealth Partners LLC now owns 195,726 shares of the company’s stock valued at $3,421,000 after purchasing an additional 18,935 shares in the last quarter.
Invesco Fundamental High Yield Corporate Bond ETF Stock Performance
Shares of PHB stock opened at $17.49 on Thursday. The firm has a fifty day simple moving average of $17.14 and a two-hundred day simple moving average of $17.31. Invesco Fundamental High Yield Corporate Bond ETF has a 12 month low of $16.75 and a 12 month high of $17.83.
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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