Sowell Financial Services LLC Purchases 156,709 Shares of Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY)

Sowell Financial Services LLC raised its stake in Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY) by 26.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 750,306 shares of the company’s stock after buying an additional 156,709 shares during the period. Invesco Global Short Term High Yield Bond ETF comprises about 0.8% of Sowell Financial Services LLC’s portfolio, making the stock its 21st biggest position. Sowell Financial Services LLC owned 0.11% of Invesco Global Short Term High Yield Bond ETF worth $14,744,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baker Avenue Asset Management LP increased its stake in Invesco Global Short Term High Yield Bond ETF by 9.0% in the 3rd quarter. Baker Avenue Asset Management LP now owns 240,953 shares of the company’s stock valued at $4,874,000 after buying an additional 19,839 shares during the last quarter. Acorn Wealth Advisors LLC boosted its holdings in Invesco Global Short Term High Yield Bond ETF by 50.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 16,613 shares of the company’s stock worth $336,000 after buying an additional 5,586 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Invesco Global Short Term High Yield Bond ETF by 3.0% in the third quarter. HighTower Advisors LLC now owns 90,116 shares of the company’s stock worth $1,824,000 after buying an additional 2,656 shares in the last quarter. Advisory Alpha LLC grew its position in shares of Invesco Global Short Term High Yield Bond ETF by 20.3% during the 4th quarter. Advisory Alpha LLC now owns 214,754 shares of the company’s stock valued at $4,220,000 after purchasing an additional 36,173 shares in the last quarter. Finally, Silver Oak Securities Incorporated purchased a new position in Invesco Global Short Term High Yield Bond ETF during the fourth quarter worth about $350,000.

Invesco Global Short Term High Yield Bond ETF Stock Performance

Shares of NYSEARCA:PGHY opened at $19.99 on Friday. The firm has a fifty day moving average of $19.89 and a 200 day moving average of $19.97. Invesco Global Short Term High Yield Bond ETF has a 52-week low of $19.31 and a 52-week high of $20.34.

About Invesco Global Short Term High Yield Bond ETF

The Invesco Global Short Term High Yield Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an equal-weighted index of short-term USD-denominated, high-yield corporate bonds issues by US and foreign corporations. PGHY was launched on Jun 20, 2013 and is managed by Invesco.