NewEdge Advisors LLC Sells 67,566 Shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG)

NewEdge Advisors LLC reduced its position in Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 62.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,182 shares of the company’s stock after selling 67,566 shares during the quarter. NewEdge Advisors LLC owned approximately 1.75% of Invesco Fundamental Investment Grade Corporate Bond ETF worth $939,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Breakwater Capital Group increased its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 4.2% in the 2nd quarter. Breakwater Capital Group now owns 23,047 shares of the company’s stock valued at $538,000 after acquiring an additional 931 shares in the last quarter. Insight Advisors LLC PA raised its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 13.4% during the second quarter. Insight Advisors LLC PA now owns 16,457 shares of the company’s stock valued at $384,000 after purchasing an additional 1,941 shares during the period. Private Advisor Group LLC boosted its position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 17.6% during the 1st quarter. Private Advisor Group LLC now owns 64,841 shares of the company’s stock worth $1,521,000 after purchasing an additional 9,725 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 117.6% in the 1st quarter. CreativeOne Wealth LLC now owns 93,505 shares of the company’s stock valued at $2,193,000 after buying an additional 50,532 shares during the period.

Invesco Fundamental Investment Grade Corporate Bond ETF Stock Performance

Shares of PFIG opened at $23.92 on Tuesday. The stock has a 50-day moving average of $24.02 and a 200-day moving average of $23.57. Invesco Fundamental Investment Grade Corporate Bond ETF has a one year low of $20.88 and a one year high of $25.20.

About Invesco Fundamental Investment Grade Corporate Bond ETF

The Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an exchange-traded fund that is based on the RAFI Bonds US Investment Grade 1-10 index. The fund tracks a fundamental-weighted index of investment-grade corporate bonds available in US markets. Issues are selected and weighted using RAFI scores based on financial statement metrics.