Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Stock Price Down 0.3% – Here’s What Happened

Shares of Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) were down 0.3% on Thursday . The stock traded as low as $22.4050 and last traded at $22.4050. 1,073 shares were traded during trading, a decline of 97% from the average session volume of 36,080 shares. The stock had previously closed at $22.4737.

Invesco High Yield Bond Factor ETF Price Performance

The company’s 50-day moving average is $22.37 and its 200-day moving average is $22.48.

Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF

A number of hedge funds have recently made changes to their positions in the stock. World Investment Advisors grew its stake in shares of Invesco High Yield Bond Factor ETF by 9.4% during the 1st quarter. World Investment Advisors now owns 62,735 shares of the company’s stock valued at $1,384,000 after buying an additional 5,410 shares during the period. Invesco Ltd. raised its position 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 worth $122,385,000 after buying an additional 1,546,206 shares during the period. LPL Financial LLC boosted its holdings in Invesco High Yield Bond Factor ETF by 23.8% in the fourth quarter. LPL Financial LLC now owns 137,514 shares of the company’s stock valued at $3,115,000 after acquiring an additional 26,445 shares during the last quarter. Avestar Capital LLC boosted its holdings in 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 valued at $1,021,000 after acquiring an additional 3,489 shares during the last quarter. Finally, Harbour Investments Inc. purchased a new stake in Invesco High Yield Bond Factor ETF during the fourth quarter valued at about $25,000.

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.