Valley Wealth Managers Inc. Acquires 4,629 Shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB)

Valley Wealth Managers Inc. grew its holdings in shares of Invesco Fundamental High Yield Corporate Bond ETF (NYSEARCA:PHB) by 10.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,978 shares of the company’s stock after acquiring an additional 4,629 shares during the period. Valley Wealth Managers Inc.’s holdings in Invesco Fundamental High Yield Corporate Bond ETF were worth $849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Stifel Financial Corp boosted its holdings in Invesco Fundamental High Yield Corporate Bond ETF by 4.9% in the 3rd quarter. Stifel Financial Corp now owns 67,720 shares of the company’s stock worth $1,256,000 after buying an additional 3,187 shares during the period. JPMorgan Chase & Co. raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 29.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,025 shares of the company’s stock valued at $520,000 after buying an additional 6,331 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 500.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 103,717 shares of the company’s stock valued at $1,923,000 after buying an additional 86,430 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 122,553 shares of the company’s stock valued at $2,272,000 after buying an additional 6,652 shares in the last quarter. Finally, CWM LLC raised its position in shares of Invesco Fundamental High Yield Corporate Bond ETF by 257.9% during the 3rd quarter. CWM LLC now owns 4,188 shares of the company’s stock valued at $78,000 after buying an additional 3,018 shares in the last quarter.

Invesco Fundamental High Yield Corporate Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:PHB opened at $18.26 on Wednesday. Invesco Fundamental High Yield Corporate Bond ETF has a 12 month low of $17.67 and a 12 month high of $18.65. The firm’s 50-day moving average is $18.19 and its 200 day moving average is $18.31.

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.