Avestar Capital LLC Reduces Holdings in Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)

Avestar Capital LLC reduced its stake in shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) by 11.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,452 shares of the company’s stock after selling 6,300 shares during the quarter. Avestar Capital LLC owned about 2.17% of Invesco High Yield Bond Factor ETF worth $1,145,000 at the end of the most recent quarter.

Separately, MRA Advisory Group increased its position in shares of Invesco High Yield Bond Factor ETF by 3.5% during the third quarter. MRA Advisory Group now owns 505,301 shares of the company’s stock worth $11,468,000 after purchasing an additional 17,073 shares in the last quarter.

Invesco High Yield Bond Factor ETF Price Performance

Invesco High Yield Bond Factor ETF stock opened at $22.67 on Wednesday. Invesco High Yield Bond Factor ETF has a fifty-two week low of $21.51 and a fifty-two week high of $22.96. The stock has a 50-day simple moving average of $22.63 and a 200-day simple moving average of $22.43.

Invesco High Yield Bond Factor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a $0.1376 dividend. The ex-dividend date of this dividend was Monday, November 18th.

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.