Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Trading 0.1% Higher – Here’s What Happened

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) shares were up 0.1% during trading on Thursday . The stock traded as high as $22.17 and last traded at $22.1450. 5,586 shares traded hands during trading, a decline of 85% from the average session volume of 36,080 shares. The stock had previously closed at $22.1250.

Invesco High Yield Bond Factor ETF Stock Performance

The company has a 50 day moving average of $22.33 and a two-hundred day moving average of $22.41.

Institutional Investors Weigh In On Invesco High Yield Bond Factor ETF

Institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. purchased a new stake in shares of Invesco High Yield Bond Factor ETF during the fourth quarter worth about $25,000. Osaic Holdings Inc. boosted its stake in Invesco High Yield Bond Factor ETF by 7.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,536 shares of the company’s stock worth $329,000 after purchasing an additional 1,030 shares in the last quarter. Avestar Capital LLC boosted its stake in Invesco High Yield Bond Factor ETF by 8.4% in the 4th quarter. Avestar Capital LLC now owns 45,075 shares of the company’s stock worth $1,021,000 after purchasing an additional 3,489 shares in the last quarter. World Investment Advisors grew its position in Invesco High Yield Bond Factor ETF by 9.3% during the 4th quarter. World Investment Advisors now owns 57,325 shares of the company’s stock worth $1,299,000 after purchasing an additional 4,868 shares during the last quarter. Finally, Jane Street Group LLC grew its position in Invesco High Yield Bond Factor ETF by 762.8% during the 2nd quarter. Jane Street Group LLC now owns 114,457 shares of the company’s stock worth $2,592,000 after purchasing an additional 101,191 shares during the last quarter.

About Invesco High Yield Bond Factor ETF

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.