Islay Capital Management LLC Buys 7,100 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Islay Capital Management LLC boosted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,638 shares of the company’s stock after purchasing an additional 7,100 shares during the quarter. Invesco Fundamental High Yield Corporate Bond ETF accounts for approximately 2.5% of Islay Capital Management LLC’s holdings, making the stock its 9th biggest position. Islay Capital Management LLC owned 0.57% of Invesco Fundamental High Yield Corporate Bond ETF worth $3,794,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Prudent Investors Network Inc. acquired a new stake in Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter valued at $559,000. Jane Street Group LLC acquired a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter valued at $7,577,000. Peninsula Wealth LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF in the 1st quarter worth about $4,173,000. Moller Wealth Partners increased its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 4.2% during the 2nd quarter. Moller Wealth Partners now owns 38,024 shares of the company’s stock worth $683,000 after purchasing an additional 1,543 shares in the last quarter. Finally, Alliance Wealth Management Group lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 2.3% during the 2nd quarter. Alliance Wealth Management Group now owns 235,393 shares of the company’s stock valued at $4,230,000 after purchasing an additional 5,249 shares during the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Shares of PHB opened at $18.29 on Monday. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $17.45 and a one year high of $18.65. The business’s 50 day simple moving average is $18.40 and its 200-day simple moving average is $18.23.

Invesco Fundamental High Yield Corporate Bond ETF Profile

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.