Invesco Ltd. Takes $286,000 Position in SPDR Bloomberg High Yield Bond ETF $JNK

Invesco Ltd. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,000 shares of the exchange traded fund’s stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Benjamin Edwards Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 2.2% in the first quarter. Benjamin Edwards Inc. now owns 75,130 shares of the exchange traded fund’s stock worth $7,160,000 after buying an additional 1,583 shares during the last quarter. FSA Wealth Partners Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 1.0% in the first quarter. FSA Wealth Partners Inc. now owns 108,437 shares of the exchange traded fund’s stock worth $10,334,000 after buying an additional 1,040 shares during the last quarter. Savvy Advisors Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter worth $495,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in SPDR Bloomberg High Yield Bond ETF by 10.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,723,655 shares of the exchange traded fund’s stock worth $354,458,000 after buying an additional 360,678 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter worth $521,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

Shares of JNK opened at $97.51 on Monday. The company has a market cap of $8.30 billion, a PE ratio of 19.96 and a beta of 0.45. The business has a fifty day moving average of $96.91 and a 200 day moving average of $95.78. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.40 and a 52-week high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.