Islay Capital Management LLC Lowers Stake in Invesco Fundamental High Yield Corporate Bond ETF $PHB

Islay Capital Management LLC lowered its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 11.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 165,165 shares of the company’s stock after selling 21,289 shares during the quarter. Invesco Fundamental High Yield Corporate Bond ETF comprises about 2.0% of Islay Capital Management LLC’s holdings, making the stock its 13th largest position. Islay Capital Management LLC owned approximately 0.87% of Invesco Fundamental High Yield Corporate Bond ETF worth $3,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Seros Financial LLC lifted its position in Invesco Fundamental High Yield Corporate Bond ETF by 1.7% in the second quarter. Seros Financial LLC now owns 52,532 shares of the company’s stock valued at $970,000 after purchasing an additional 866 shares during the period. Blair William & Co. IL lifted its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF by 88.2% in the 1st quarter. Blair William & Co. IL now owns 4,985 shares of the company’s stock valued at $90,000 after buying an additional 2,336 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of Invesco Fundamental High Yield Corporate Bond ETF by 2.3% in the first quarter. Benjamin Edwards Inc. now owns 110,390 shares of the company’s stock valued at $1,994,000 after buying an additional 2,506 shares in the last quarter. Baird Financial Group Inc. grew its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 3.4% during the first quarter. Baird Financial Group Inc. now owns 82,771 shares of the company’s stock worth $1,495,000 after acquiring an additional 2,695 shares during the period. Finally, Simplex Trading LLC acquired a new position in Invesco Fundamental High Yield Corporate Bond ETF during the second quarter worth $64,000.

Invesco Fundamental High Yield Corporate Bond ETF Price Performance

Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.53 on Friday. Invesco Fundamental High Yield Corporate Bond ETF has a one year low of $17.33 and a one year high of $18.73. The business has a fifty day moving average of $18.58 and a two-hundred day moving average of $18.41.

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.