Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) Trading 0.4% Higher – Should You Buy?

Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) traded up 0.4% during trading on Monday . The stock traded as high as $19.65 and last traded at $19.65. 31,558 shares were traded during trading, a decline of 55% from the average session volume of 70,094 shares. The stock had previously closed at $19.57.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Performance

The stock’s 50-day moving average is $19.75 and its 200 day moving average is $19.79.

Institutional Trading of Invesco Global ex-US High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in PGHY. Diversify Advisory Services LLC purchased a new position in Invesco Global ex-US High Yield Corporate Bond ETF during the 4th quarter worth $2,642,000. Jane Street Group LLC purchased a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the second quarter valued at about $2,575,000. Sound Income Strategies LLC raised its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 14.9% in the fourth quarter. Sound Income Strategies LLC now owns 706,187 shares of the company’s stock valued at $14,141,000 after buying an additional 91,676 shares during the last quarter. Greenberg Financial Group acquired a new stake in Invesco Global ex-US High Yield Corporate Bond ETF in the fourth quarter worth about $719,000. Finally, Stenger Family Office LLC boosted its holdings in Invesco Global ex-US High Yield Corporate Bond ETF by 23.0% in the fourth quarter. Stenger Family Office LLC now owns 174,827 shares of the company’s stock worth $3,185,000 after acquiring an additional 32,634 shares in the last quarter.

About Invesco Global ex-US High Yield Corporate 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.