Insight Wealth Partners LLC Grows Position in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

Insight Wealth Partners LLC grew its stake in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG) by 73.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 151,286 shares of the company’s stock after buying an additional 64,275 shares during the period. Principal Investment Grade Corporate Active ETF makes up 0.6% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 16th largest position. Insight Wealth Partners LLC’s holdings in Principal Investment Grade Corporate Active ETF were worth $3,238,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC lifted its position in 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 period. Envestnet Asset Management Inc. lifted its holdings in shares of Principal Investment Grade Corporate Active ETF by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,854,918 shares of the company’s stock valued at $37,949,000 after buying an additional 148,165 shares during the period. Finally, Principal Securities Inc. lifted its holdings in Principal Investment Grade Corporate Active ETF by 7.2% in the third quarter. Principal Securities Inc. now owns 2,034,094 shares of the company’s stock valued at $43,530,000 after acquiring an additional 137,445 shares during the period.

Principal Investment Grade Corporate Active ETF Stock Down 0.1 %

NYSEARCA:IG opened at $20.85 on Wednesday. The company has a 50 day moving average price of $21.00 and a 200-day moving average price of $20.83. Principal Investment Grade Corporate Active ETF has a 1-year low of $19.90 and a 1-year high of $21.55.

Principal Investment Grade Corporate Active ETF Company 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.