Geneos Wealth Management Inc. Purchases 47,138 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Geneos Wealth Management Inc. increased its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 40.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,019 shares of the company’s stock after acquiring an additional 47,138 shares during the quarter. Geneos Wealth Management Inc. owned about 1.08% of iShares Investment Grade Bond Factor ETF worth $7,232,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. World Investment Advisors LLC grew its holdings in iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after purchasing an additional 947,247 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of iShares Investment Grade Bond Factor ETF by 323.2% in the 2nd quarter. Cetera Investment Advisers now owns 557,939 shares of the company’s stock worth $24,750,000 after purchasing an additional 426,114 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in iShares Investment Grade Bond Factor ETF by 21.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock worth $66,077,000 after buying an additional 250,000 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in iShares Investment Grade Bond Factor ETF during the 4th quarter valued at about $9,554,000. Finally, Ameliora Wealth Management Ltd. raised its stake in iShares Investment Grade Bond Factor ETF by 69.6% in the third quarter. Ameliora Wealth Management Ltd. now owns 497,462 shares of the company’s stock valued at $23,117,000 after buying an additional 204,192 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB stock opened at $44.43 on Friday. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The stock’s 50-day simple moving average is $44.70 and its 200-day simple moving average is $45.29.

iShares Investment Grade Bond Factor ETF Company Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.