HighTower Advisors LLC Sells 5,845 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

HighTower Advisors LLC lessened its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 12.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,217 shares of the company’s stock after selling 5,845 shares during the quarter. HighTower Advisors LLC owned about 0.12% of Invesco Fundamental High Yield Corporate Bond ETF worth $784,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PHB. Bank of New York Mellon Corp raised its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 1,858,436 shares of the company’s stock worth $33,396,000 after buying an additional 118,716 shares during the last quarter. Anfield Capital Management LLC boosted its stake in Invesco Fundamental High Yield Corporate Bond ETF by 40.8% during the 2nd quarter. Anfield Capital Management LLC now owns 533,652 shares of the company’s stock valued at $9,590,000 after purchasing an additional 154,522 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 2.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 326,408 shares of the company’s stock worth $5,866,000 after purchasing an additional 8,181 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the second quarter worth approximately $2,083,000. Finally, Towercrest Capital Management raised its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.3% in the second quarter. Towercrest Capital Management now owns 235,393 shares of the company’s stock worth $4,230,000 after purchasing an additional 5,249 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

NYSEARCA PHB opened at $18.09 on Thursday. The business has a fifty day simple moving average of $18.32 and a 200 day simple moving average of $18.29. Invesco Fundamental High Yield Corporate Bond ETF has a 12 month low of $17.67 and a 12 month high of $18.65.

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.