Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Stock Price Down 0.3% – What’s Next?

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) was down 0.3% on Friday . The stock traded as low as $22.1199 and last traded at $22.1250. Approximately 987 shares changed hands during trading, a decline of 97% from the average daily volume of 36,080 shares. The stock had previously closed at $22.1950.

Invesco High Yield Bond Factor ETF Price Performance

The business has a fifty day simple moving average of $22.29 and a two-hundred day simple moving average of $22.32.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. purchased a new stake in Invesco High Yield Bond Factor ETF during the fourth quarter valued at approximately $25,000. Osaic Holdings Inc. boosted its stake in shares of 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 worth $329,000 after acquiring an additional 1,030 shares during the last quarter. Avestar Capital LLC grew its position in shares of Invesco High Yield Bond Factor ETF by 8.4% during the 4th quarter. Avestar Capital LLC now owns 45,075 shares of the company’s stock valued at $1,021,000 after acquiring an additional 3,489 shares during the period. World Investment Advisors grew its position in shares of Invesco High Yield Bond Factor ETF by 9.3% during the 4th quarter. World Investment Advisors now owns 57,325 shares of the company’s stock valued at $1,299,000 after acquiring an additional 4,868 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Invesco High Yield Bond Factor ETF by 762.8% in the 2nd quarter. Jane Street Group LLC now owns 114,457 shares of the company’s stock worth $2,592,000 after purchasing an additional 101,191 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.