Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Trading Down 0.1% – Here’s Why

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) shares fell 0.1% during mid-day trading on Tuesday . The company traded as low as $22.64 and last traded at $22.64. 4,928 shares were traded during mid-day trading, a decline of 82% from the average session volume of 28,096 shares. The stock had previously closed at $22.66.

Invesco High Yield Bond Factor ETF Stock Down 0.1%

The company’s 50 day moving average is $22.63 and its 200 day moving average is $22.64.

Invesco High Yield Bond Factor ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 24th were paid a $0.1276 dividend. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend was Monday, November 24th.

Institutional Trading of Invesco High Yield Bond Factor ETF

Large investors have recently bought and sold shares of the company. Invesco Ltd. raised its stake in shares of Invesco High Yield Bond Factor ETF by 102.8% during the 3rd quarter. Invesco Ltd. now owns 3,855,931 shares of the company’s stock worth $87,935,000 after buying an additional 1,954,848 shares during the last quarter. World Investment Advisors increased its holdings in Invesco High Yield Bond Factor ETF by 1.0% during the 3rd quarter. World Investment Advisors now owns 52,457 shares of the company’s stock valued at $1,196,000 after acquiring an additional 519 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Invesco High Yield Bond Factor ETF by 7.6% during the 2nd quarter. Osaic Holdings Inc. now owns 14,536 shares of the company’s stock valued at $329,000 after acquiring an additional 1,030 shares in the last quarter. Jane Street Group LLC raised its position in Invesco High Yield Bond Factor ETF by 762.8% during the second quarter. Jane Street Group LLC now owns 114,457 shares of the company’s stock worth $2,592,000 after acquiring an additional 101,191 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Invesco High Yield Bond Factor ETF by 18.1% in the first quarter. LPL Financial LLC now owns 90,920 shares of the company’s stock valued at $2,031,000 after purchasing an additional 13,946 shares in the last quarter.

Invesco High Yield Bond Factor ETF Company Profile

The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.