LVZ Inc. Sells 735 Shares of Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

LVZ Inc. reduced its holdings in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG) by 4.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,641 shares of the company’s stock after selling 735 shares during the quarter. LVZ Inc.’s holdings in Principal Investment Grade Corporate Active ETF were worth $340,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC acquired a new position in Principal Investment Grade Corporate Active ETF in the 1st quarter valued at approximately $30,000. Insight Wealth Partners LLC raised its stake in shares of Principal Investment Grade Corporate Active ETF by 5.9% in 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 in the last quarter. Jane Street Group LLC lifted its position in Principal Investment Grade Corporate Active ETF by 720.9% in the first quarter. Jane Street Group LLC now owns 199,605 shares of the company’s stock worth $4,124,000 after purchasing an additional 175,290 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in Principal Investment Grade Corporate Active ETF by 33.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 563,093 shares of the company’s stock worth $11,634,000 after purchasing an additional 142,029 shares during the period. Finally, Principal Securities Inc. acquired a new stake in Principal Investment Grade Corporate Active ETF during the fourth quarter worth $31,707,000.

Principal Investment Grade Corporate Active ETF Trading Up 0.4 %

Shares of IG stock traded up $0.09 during mid-day trading on Friday, reaching $21.25. The company’s stock had a trading volume of 12,677 shares, compared to its average volume of 21,361. The firm’s 50-day moving average is $20.72 and its two-hundred day moving average is $20.52. Principal Investment Grade Corporate Active ETF has a 1-year low of $19.05 and a 1-year high of $21.40.

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.