Insight Wealth Partners LLC Purchases 30,221 Shares of Principal Investment Grade Corporate ETF $IG

Insight Wealth Partners LLC lifted its position in shares of Principal Investment Grade Corporate ETF (BATS:IG) by 13.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 256,849 shares of the company’s stock after buying an additional 30,221 shares during the period. Principal Investment Grade Corporate ETF comprises about 0.7% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 12th largest holding. Insight Wealth Partners LLC owned 2.57% of Principal Investment Grade Corporate ETF worth $5,308,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Principal Securities Inc. lifted its stake in Principal Investment Grade Corporate ETF by 33.7% in the 4th quarter. Principal Securities Inc. now owns 4,157,920 shares of the company’s stock valued at $86,859,000 after acquiring an additional 1,049,107 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Principal Investment Grade Corporate ETF in the first quarter valued at approximately $10,511,000. Western Wealth Management LLC acquired a new stake in shares of Principal Investment Grade Corporate ETF in the first quarter valued at approximately $2,768,000. Raymond James Financial Inc. lifted its position in shares of Principal Investment Grade Corporate ETF by 10.4% in the third quarter. Raymond James Financial Inc. now owns 863,109 shares of the company’s stock worth $18,212,000 after purchasing an additional 81,107 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Principal Investment Grade Corporate ETF by 626.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 90,137 shares of the company’s stock worth $1,883,000 after purchasing an additional 77,736 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors.

Principal Investment Grade Corporate ETF Trading Down 0.0%

Shares of IG stock opened at $20.08 on Wednesday. Principal Investment Grade Corporate ETF has a 1 year low of $20.03 and a 1 year high of $21.36. The firm’s fifty day moving average price is $20.27 and its two-hundred day moving average price is $20.54. The firm has a market capitalization of $200.80 million, a P/E ratio of 334.67 and a beta of 0.37.

Principal Investment Grade Corporate 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.