Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) Reaches New 52-Week High at $18.32

Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) hit a new 52-week high during trading on Tuesday . The stock traded as high as $18.32 and last traded at $18.32, with a volume of 37534 shares. The stock had previously closed at $18.23.

Invesco Fundamental High Yield Corporate Bond ETF Stock Up 0.1 %

The stock has a 50 day moving average price of $18.14 and a two-hundred day moving average price of $18.05.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 6.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,858,436 shares of the company’s stock valued at $33,396,000 after purchasing an additional 118,716 shares during the period. Wells Fargo & Company MN lifted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 3.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,299,234 shares of the company’s stock valued at $23,555,000 after buying an additional 38,214 shares during the period. Evergreen Capital Management LLC bought a new position in Invesco Fundamental High Yield Corporate Bond ETF in the second quarter valued at approximately $11,907,000. Anfield Capital Management LLC grew its holdings 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 worth $9,590,000 after acquiring an additional 154,522 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at $7,577,000.

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.