Envestnet Asset Management Inc. raised its holdings in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG – Free Report) by 8.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,854,918 shares of the company’s stock after purchasing an additional 148,165 shares during the quarter. Envestnet Asset Management Inc. owned about 48.81% of Principal Investment Grade Corporate Active ETF worth $37,949,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in IG. Jane Street Group LLC boosted its position in shares of Principal Investment Grade Corporate Active ETF by 720.9% in the 1st quarter. Jane Street Group LLC now owns 199,605 shares of the company’s stock worth $4,124,000 after buying an additional 175,290 shares in the last quarter. Insight Wealth Partners LLC increased its holdings in Principal Investment Grade Corporate Active ETF by 5.9% during the 2nd quarter. Insight Wealth Partners LLC now owns 87,011 shares of the company’s stock valued at $1,780,000 after acquiring an additional 4,835 shares in the last quarter. Finally, Capital Investment Advisory Services LLC acquired a new position in Principal Investment Grade Corporate Active ETF during the first quarter worth about $30,000.
Principal Investment Grade Corporate Active ETF Price Performance
NYSEARCA:IG opened at $21.44 on Friday. The firm has a 50 day simple moving average of $21.02 and a 200-day simple moving average of $20.62. Principal Investment Grade Corporate Active ETF has a 1-year low of $19.05 and a 1-year high of $21.55.
About Principal Investment Grade Corporate Active ETF
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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