Prime Capital Investment Advisors LLC Sells 2,172 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Prime Capital Investment Advisors LLC reduced its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 4.4% during the third quarter, HoldingsChannel.com reports. The fund owned 46,697 shares of the company’s stock after selling 2,172 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $866,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of PHB. CWM LLC increased its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 257.9% in the 3rd quarter. CWM LLC now owns 4,188 shares of the company’s stock worth $78,000 after acquiring an additional 3,018 shares during the last quarter. Code Waechter LLC purchased a new position in shares of Invesco Fundamental High Yield Corporate Bond ETF in the third quarter worth about $224,000. Dynamic Advisor Solutions LLC raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 3.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 25,782 shares of the company’s stock valued at $478,000 after purchasing an additional 932 shares during the period. Prudent Investors Network Inc. purchased a new stake in shares of Invesco Fundamental High Yield Corporate Bond ETF during the 1st quarter valued at approximately $559,000. Finally, Moller Wealth Partners boosted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 4.2% in the 2nd quarter. Moller Wealth Partners now owns 38,024 shares of the company’s stock worth $683,000 after buying an additional 1,543 shares during the period.

Invesco Fundamental High Yield Corporate Bond ETF Trading Down 0.1 %

Invesco Fundamental High Yield Corporate Bond ETF stock opened at $18.29 on Friday. The firm has a 50 day simple moving average of $18.41 and a 200 day simple moving average of $18.23. Invesco Fundamental High Yield Corporate Bond ETF has a 1-year low of $17.45 and a 1-year high of $18.65.

Invesco Fundamental High Yield Corporate Bond ETF Company 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.