Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Shares Down 0.1% – What’s Next?

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF)’s share price was down 0.1% on Thursday . The stock traded as low as $22.32 and last traded at $22.34. 666 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 36,080 shares. The stock had previously closed at $22.3650.

Invesco High Yield Bond Factor ETF Price Performance

The stock has a 50-day moving average of $22.36 and a 200-day moving average of $22.45.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

Institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. raised its holdings in shares of Invesco High Yield Bond Factor ETF by 40.1% in the 4th quarter. Invesco Ltd. now owns 5,402,137 shares of the company’s stock valued at $122,385,000 after acquiring an additional 1,546,206 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco High Yield Bond Factor ETF by 23.8% during the fourth quarter. LPL Financial LLC now owns 137,514 shares of the company’s stock worth $3,115,000 after purchasing an additional 26,445 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco High Yield Bond Factor ETF by 762.8% during the second 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 in the last quarter. World Investment Advisors increased its position in shares of Invesco High Yield Bond Factor ETF by 9.4% in the first quarter. World Investment Advisors now owns 62,735 shares of the company’s stock worth $1,384,000 after purchasing an additional 5,410 shares during the last quarter. Finally, Avestar Capital LLC increased its position in shares of Invesco High Yield Bond Factor ETF by 8.4% in the fourth 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 during the last quarter.

Invesco High Yield Bond Factor ETF Company Profile

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.