Invesco High Yield Bond Factor ETF (NASDAQ:IHYF) Shares Down 0.4%

Posted by Defense World Staff on Oct 19th, 2023

Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Get Free Report)’s stock price dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as $20.93 and last traded at $20.95. Approximately 34,578 shares traded hands during trading, an increase of 400% from the average daily volume of 6,922 shares. The stock had previously closed at $21.03.

Invesco High Yield Bond Factor ETF Trading Down 0.4 %

The firm has a 50-day simple moving average of $21.42 and a 200-day simple moving average of $21.44.

Invesco High Yield Bond Factor ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were given a dividend of $0.1269 per share. The ex-dividend date was Monday, September 18th. This represents a $1.52 annualized dividend and a dividend yield of 7.27%.

Institutional Investors Weigh In On Invesco High Yield Bond Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of Invesco High Yield Bond Factor ETF by 429.4% in the first quarter. LPL Financial LLC now owns 92,094 shares of the company’s stock worth $1,984,000 after buying an additional 74,697 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Invesco High Yield Bond Factor ETF in the first quarter worth $1,734,000. Equitable Holdings Inc. purchased a new stake in shares of Invesco High Yield Bond Factor ETF in the second quarter worth $575,000. Avestar Capital LLC raised its position in shares of Invesco High Yield Bond Factor ETF by 2.5% in the second quarter. Avestar Capital LLC now owns 19,594 shares of the company’s stock worth $423,000 after buying an additional 487 shares in the last quarter. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Invesco High Yield Bond Factor ETF in the second quarter worth $112,000.

About Invesco High Yield Bond Factor ETF

(Get Free Report)

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.