B. Riley Wealth Advisors Invests in Invesco Fundamental High Yield Corporate Bond ETF

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B. Riley Wealth Advisors Inc. recently invested in the Invesco Fundamental High Yield Corporate Bond ETF (ETF). This ETF is managed by INVESCO LTD ($NYSE:IVZ), a global leader in asset management with over $1 trillion in assets under management. Their products span many asset classes, including stocks, bonds, commodities, real estate and alternative investments. It seeks to provide investors with exposure to a portfolio of high-yield corporate bonds with a very short average duration.

Furthermore, it seeks to track the performance of companies with strong underlying fundamentals so that the ETF has a lower risk profile than the broader high-yield bond market. The ETF provides an opportunity for investors to gain exposure to high-yielding corporate bonds with a lower risk profile than the broader high-yield bond market, which has traditionally been accessible only to institutional investors or high net worth individuals. This makes it an attractive option for investors looking for diversification within their portfolio.

Share Price

As a result of this decision, shares of INVESCO LTD opened at 12.9 and closed at 12.6, a decrease of 3.4% from the prior closing price of 13.0. This event caused a drop in investor confidence, with many investors looking to sell their shares in the company. While the exact cause of the sudden drop in price is unknown, analysts suggest that the market is reacting to the news of B. Riley’s investment in the ETF. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Invesco Ltd. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Invesco Ltd. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Invesco Ltd. More…

Key Ratios Snapshot

Some of the financial key ratios for Invesco Ltd are shown below. More…

Analysis

GoodWhale has conducted an analysis of INVESCO LTD‘s fundamentals, classifying the company as a ‘cow’ based on its Star Chart. A company of this type is characterized by the track record of paying out consistent and sustainable dividends. This makes INVESCO LTD an attractive investment opportunity for investors looking for steady income or those looking to supplement other investments with dividend payments. It is further bolstered by its high health score of 9/10 due to its strong cashflows and low debt ratio. In terms of fundamentals, INVESCO LTD is strong in dividend and profitability, but weak in growth and asset. This means that while its dividend strategy remains dependable, investors should not expect large capital gains or significant improvements in asset value. However, the company’s low risk of bankruptcy makes it a viable option for those seeking to protect their capital and enjoy a steady stream of income. More…

Peers

The company operates in the US, Europe, and Asia Pacific. Invesco Ltd has a market capitalization of $15.48 billion as of March 2021. The company has a diversified product mix that includes mutual funds, ETFs, and separate accounts. Invesco Ltd’s primary competitors are Federated Hermes Inc, BlackRock Inc, and Janus Henderson Group PLC.

– Federated Hermes Inc ($NYSE:FHI)

Federated Hermes Inc has a market cap of 2.75B as of 2022. The company’s return on equity, a measure of how well it reinvested shareholder money, was 22.41%. Federated Hermes Inc is a financial services company that manages investments for a wide range of clients, including insurance companies, pension funds, and other institutional investors. The company offers a variety of investment strategies and products, including equities, fixed income, and alternative investments.

– BlackRock Inc ($NYSE:BLK)

BlackRock Inc is an American financial services company with a market cap of 86.29B as of 2022. It has a return on equity of 12.63%. The company was founded in 1988 and is headquartered in New York City. BlackRock operates as an investment management firm. It provides a range of investment, technology, and risk management solutions to institutional and retail clients worldwide. The company offers a variety of investment strategies, including active, passive, and alternative investments. BlackRock also provides technology solutions, risk management services, and portfolio construction and implementation services.

– Janus Henderson Group PLC ($NYSE:JHG)

As of 2022, Janus Henderson Group PLC has a market cap of 3.42B and a ROE of 7.52%. The company is a global asset management firm that offers a range of investment solutions, including equities, fixed income, alternatives, and multi-asset solutions.

Summary

Invesco Ltd (IVZ) is a leading global asset management firm based in Atlanta, Georgia. It provides a range of investment solutions, including equity, fixed income, alternative investments, and multi-asset portfolios. Recently, B. Riley Wealth Advisors Inc. has made an investment in Invesco Fundamental High Yield Corporate Bond ETF. This investment has caused the stock price to move down the same day.

Analysts are mixed on their outlook of IVZ. While some view the current market conditions as a buying opportunity, others believe that the current market volatility and weakened economic outlook will continue to drive down the price of the stock. Long-term investors are advised to consider the risks associated with investing in IVZ while also taking into account its long-term growth potential and potential dividend payments.