BTG Pactual Asset Management US LLC bought a new stake in shares of Principal Investment Grade Corporate Active ETF (NYSEARCA:IG – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 42,084 shares of the company’s stock, valued at approximately $802,000.
Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Principal Investment Grade Corporate Active ETF by 0.7% during the fourth quarter. Royal Bank of Canada now owns 70,167 shares of the company’s stock valued at $1,466,000 after buying an additional 522 shares during the last quarter. Raymond James Financial Inc. increased its stake in Principal Investment Grade Corporate Active ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 782,002 shares of the company’s stock valued at $16,273,000 after acquiring an additional 6,366 shares during the period. Citadel Advisors LLC increased its stake in Principal Investment Grade Corporate Active ETF by 55.3% during the third quarter. Citadel Advisors LLC now owns 27,169 shares of the company’s stock valued at $573,000 after acquiring an additional 9,678 shares during the period. AlphaCore Capital LLC acquired a new position in Principal Investment Grade Corporate Active ETF in the 4th quarter valued at approximately $246,000. Finally, Mariner LLC raised its holdings in Principal Investment Grade Corporate Active ETF by 63.1% in the 3rd quarter. Mariner LLC now owns 51,457 shares of the company’s stock valued at $1,086,000 after acquiring an additional 19,912 shares in the last quarter. 70.98% of the stock is owned by institutional investors.
Principal Investment Grade Corporate Active ETF Trading Down 0.1%
Shares of IG stock opened at $20.20 on Tuesday. The stock has a 50 day moving average of $20.35 and a two-hundred day moving average of $20.58. Principal Investment Grade Corporate Active ETF has a 12 month low of $20.10 and a 12 month high of $21.36. The company has a market capitalization of $202 million, a P/E ratio of 336.67 and a beta of 0.37.
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.
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