JPMorgan Chase & Co. Sells 67,723 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

JPMorgan Chase & Co. lowered its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 9.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 674,795 shares of the company’s stock after selling 67,723 shares during the period. JPMorgan Chase & Co. owned about 4.45% of iShares Investment Grade Bond Factor ETF worth $31,358,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF by 450.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock worth $287,834,000 after buying an additional 5,308,807 shares during the period. LPL Financial LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 3.5% in the 3rd quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock worth $102,517,000 after buying an additional 74,677 shares during the last quarter. State of New Jersey Common Pension Fund D raised its stake in iShares Investment Grade Bond Factor ETF by 21.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after buying an additional 250,000 shares during the last quarter. World Investment Advisors LLC boosted its holdings in iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after acquiring an additional 947,247 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in iShares Investment Grade Bond Factor ETF by 9.2% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 938,769 shares of the company’s stock worth $43,625,000 after acquiring an additional 79,102 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of IGEB stock opened at $44.22 on Tuesday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The company’s 50-day moving average is $44.93 and its 200 day moving average is $45.33.

iShares Investment Grade Bond Factor ETF Company Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.