Sowell Financial Services LLC Raises Stock Position in Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY)

Sowell Financial Services LLC increased its position in shares of Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 750,306 shares of the company’s stock after acquiring an additional 156,709 shares during the quarter. Invesco Global Short Term High Yield Bond ETF comprises 0.8% of Sowell Financial Services LLC’s holdings, making the stock its 21st biggest position. Sowell Financial Services LLC owned 10.80% of Invesco Global Short Term High Yield Bond ETF worth $14,744,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Assetmark Inc. increased its holdings in Invesco Global Short Term High Yield Bond ETF by 321.6% in the 4th quarter. Assetmark Inc. now owns 3,676 shares of the company’s stock worth $72,000 after acquiring an additional 2,804 shares in the last quarter. Acorn Wealth Advisors LLC boosted its position 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 valued at $336,000 after buying an additional 5,586 shares during the period. Silver Oak Securities Incorporated acquired a new stake in Invesco Global Short Term High Yield Bond ETF in the fourth quarter valued at approximately $350,000. Jones Financial Companies Lllp increased its holdings in shares of Invesco Global Short Term High Yield Bond ETF by 71.1% in the 4th quarter. Jones Financial Companies Lllp now owns 30,459 shares of the company’s stock valued at $599,000 after acquiring an additional 12,658 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Invesco Global Short Term High Yield Bond ETF during the fourth quarter worth about $1,429,000.

Invesco Global Short Term High Yield Bond ETF Stock Performance

Invesco Global Short Term High Yield Bond ETF stock opened at $19.99 on Friday. The business has a 50 day simple moving average of $19.89 and a 200-day simple moving average of $19.97. Invesco Global Short Term High Yield Bond ETF has a 12 month low of $19.31 and a 12 month high of $20.34.

Invesco Global Short Term High Yield Bond ETF Company Profile

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.