Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Shares Sold by Towercrest Capital Management

Towercrest Capital Management lowered its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHBFree Report) by 71.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,077 shares of the company’s stock after selling 556,055 shares during the period. Towercrest Capital Management owned about 0.71% of Invesco Fundamental High Yield Corporate Bond ETF worth $4,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of PHB. ZRC Wealth Management LLC purchased a new stake in Invesco Fundamental High Yield Corporate Bond ETF during the 4th quarter worth approximately $68,000. Raymond James & Associates purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the fourth quarter worth approximately $196,000. ProVise Management Group LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 3rd quarter valued at $220,000. Csenge Advisory Group raised its stake in Invesco Fundamental High Yield Corporate Bond ETF by 7.1% in the 3rd quarter. Csenge Advisory Group now owns 20,091 shares of the company’s stock valued at $343,000 after purchasing an additional 1,328 shares during the last quarter. Finally, Clearstead Advisors LLC purchased a new position in Invesco Fundamental High Yield Corporate Bond ETF in the 3rd quarter valued at $350,000.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of Invesco Fundamental High Yield Corporate Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $18.11. 190,323 shares of the company’s stock were exchanged, compared to its average volume of 201,681. The business has a fifty day moving average of $17.98 and a two-hundred day moving average of $17.93. Invesco Fundamental High Yield Corporate Bond ETF has a 1 year low of $16.75 and a 1 year high of $18.24.

Invesco Fundamental High Yield Corporate Bond ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

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