Envestnet Asset Management Inc. lifted its position in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG – Free Report) by 8.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,854,918 shares of the company’s stock after acquiring an additional 148,165 shares during the quarter. Envestnet Asset Management Inc. owned 0.49% of Principal Investment Grade Corporate Active ETF worth $37,949,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Capital Investment Advisory Services LLC acquired a new stake in Principal Investment Grade Corporate Active ETF during the first quarter worth about $30,000. Insight Wealth Partners LLC grew its holdings in shares of Principal Investment Grade Corporate Active ETF by 5.9% during the second quarter. Insight Wealth Partners LLC now owns 87,011 shares of the company’s stock valued at $1,780,000 after purchasing an additional 4,835 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Principal Investment Grade Corporate Active ETF by 720.9% during the first quarter. Jane Street Group LLC now owns 199,605 shares of the company’s stock valued at $4,124,000 after purchasing an additional 175,290 shares during the last quarter.
Principal Investment Grade Corporate Active ETF Price Performance
Shares of NYSEARCA IG opened at $21.44 on Friday. Principal Investment Grade Corporate Active ETF has a 12-month low of $19.05 and a 12-month high of $21.55. The stock’s 50 day simple moving average is $21.02 and its 200 day simple moving average is $20.62.
Principal Investment Grade Corporate Active ETF Profile
The Principal Investment Grade Corporate Active ETF (IG) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is an actively managed fund that provides current income by selecting investment-grade, USD-denominated bonds of any maturity. IG was launched on Apr 18, 2018 and is managed by Principal.
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