Royal Fund Management LLC Has $4.42 Million Stock Holdings in Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY)

Royal Fund Management LLC cut its holdings in shares of Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY) by 47.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 224,636 shares of the company’s stock after selling 205,020 shares during the quarter. Royal Fund Management LLC’s holdings in Invesco Global Short Term High Yield Bond ETF were worth $4,419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of PGHY. Advisory Alpha LLC raised its position in shares of Invesco Global Short Term High Yield Bond ETF by 44.3% during the second quarter. Advisory Alpha LLC now owns 163,448 shares of the company’s stock worth $3,189,000 after acquiring an additional 50,199 shares during the last quarter. Baker Avenue Asset Management LP lifted its holdings in Invesco Global Short Term High Yield Bond ETF by 9.0% in the third quarter. Baker Avenue Asset Management LP now owns 240,953 shares of the company’s stock valued at $4,874,000 after buying an additional 19,839 shares during the period. LifePro Asset Management boosted its stake in Invesco Global Short Term High Yield Bond ETF by 4.9% in the third quarter. LifePro Asset Management now owns 166,800 shares of the company’s stock valued at $3,374,000 after acquiring an additional 7,803 shares during the last quarter. Acorn Wealth Advisors LLC grew its holdings in Invesco Global Short Term High Yield Bond ETF by 50.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 16,613 shares of the company’s stock worth $336,000 after acquiring an additional 5,586 shares during the period. Finally, HighTower Advisors LLC raised its position in shares of Invesco Global Short Term High Yield Bond ETF by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 90,116 shares of the company’s stock valued at $1,824,000 after acquiring an additional 2,656 shares during the last quarter.

Invesco Global Short Term High Yield Bond ETF Stock Performance

NYSEARCA:PGHY opened at $19.87 on Tuesday. Invesco Global Short Term High Yield Bond ETF has a 12-month low of $19.31 and a 12-month high of $20.34. The stock’s fifty day simple moving average is $19.88 and its 200-day simple moving average is $19.92.

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.