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

Insight Wealth Partners LLC raised its stake in shares of Principal Investment Grade Corporate Active ETF (NYSEARCA:IG) by 73.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,286 shares of the company’s stock after buying an additional 64,275 shares during the quarter. Principal Investment Grade Corporate Active ETF comprises about 0.6% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Insight Wealth Partners LLC owned about 3.98% of Principal Investment Grade Corporate Active ETF worth $3,238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Principal Securities Inc. raised its stake in shares of 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 worth $43,530,000 after purchasing an additional 137,445 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Principal Investment Grade Corporate Active ETF by 8.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,854,918 shares of the company’s stock valued at $37,949,000 after purchasing an additional 148,165 shares in the last quarter. Finally, Jane Street Group LLC increased 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 buying an additional 175,290 shares in the last quarter.

Principal Investment Grade Corporate Active ETF Price Performance

Shares of IG opened at $20.85 on Wednesday. Principal Investment Grade Corporate Active ETF has a 12-month low of $19.90 and a 12-month high of $21.55. The business’s 50 day moving average is $21.00 and its 200 day moving average is $20.83.

Principal Investment Grade Corporate Active ETF 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.