Baker Avenue Asset Management LP Has $4.87 Million Stock Position in Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY)

Baker Avenue Asset Management LP lifted its stake in shares of Invesco Global Short Term High Yield Bond ETF (NYSEARCA:PGHY) by 9.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 240,953 shares of the company’s stock after purchasing an additional 19,839 shares during the quarter. Baker Avenue Asset Management LP owned 3.47% of Invesco Global Short Term High Yield Bond ETF worth $4,874,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bright Futures Wealth Management LLC. acquired a new stake in shares of Invesco Global Short Term High Yield Bond ETF during the 1st quarter worth $292,000. Commonwealth Equity Services LLC boosted its stake in Invesco Global Short Term High Yield Bond ETF by 1.3% in the second quarter. Commonwealth Equity Services LLC now owns 46,566 shares of the company’s stock valued at $909,000 after buying an additional 611 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in Invesco Global Short Term High Yield Bond ETF by 9.4% in the first quarter. Kingsview Wealth Management LLC now owns 116,222 shares of the company’s stock valued at $2,292,000 after buying an additional 9,990 shares in the last quarter. LifePro Asset Management boosted its stake in Invesco Global Short Term High Yield Bond ETF by 152.1% in the second quarter. LifePro Asset Management now owns 158,997 shares of the company’s stock valued at $3,102,000 after buying an additional 95,920 shares in the last quarter. Finally, Advisory Alpha LLC boosted its stake in Invesco Global Short Term High Yield Bond ETF by 44.3% in the second quarter. Advisory Alpha LLC now owns 163,448 shares of the company’s stock valued at $3,189,000 after buying an additional 50,199 shares in the last quarter.

Invesco Global Short Term High Yield Bond ETF Stock Performance

NYSEARCA:PGHY traded up $0.05 during trading hours on Friday, hitting $20.09. The company’s stock had a trading volume of 14,306 shares, compared to its average volume of 30,973. The stock has a fifty day simple moving average of $20.07 and a 200-day simple moving average of $19.81. Invesco Global Short Term High Yield Bond ETF has a twelve month low of $18.80 and a twelve month high of $20.34.

About Invesco Global Short Term High Yield Bond ETF

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.