Principal Investment Grade Corporate ETF (BATS:IG) Stock Short Interest Report for October

Principal Investment Grade Corporate ETF (BATS:IG) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 1,563 shares, a decline of 96.3% from the October 15th total of 42,572 shares. Based on an average daily volume of 65,190 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Principal Investment Grade Corporate ETF Stock Performance

BATS IG opened at $19.82 on Wednesday. The firm’s 50 day moving average price is $19.80 and its two-hundred day moving average price is $20.40. Principal Investment Grade Corporate ETF has a twelve month low of $19.35 and a twelve month high of $21.20. The stock has a market cap of $205.14 million, a price-to-earnings ratio of 330.33 and a beta of 0.39.

Institutional Trading of Principal Investment Grade Corporate ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Legacy Financial Independent Advisors LLC grew its holdings in shares of Principal Investment Grade Corporate ETF by 2.7% during the third quarter. Legacy Financial Independent Advisors LLC now owns 250,250 shares of the company’s stock valued at $4,895,000 after buying an additional 6,578 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Principal Investment Grade Corporate ETF by 33.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,322,167 shares of the company’s stock worth $130,648,000 after acquiring an additional 1,573,300 shares in the last quarter. Insight Wealth Partners LLC boosted its position in Principal Investment Grade Corporate ETF by 13.3% during the 2nd quarter. Insight Wealth Partners LLC now owns 256,849 shares of the company’s stock worth $5,308,000 after acquiring an additional 30,221 shares during the period. BTG Pactual Asset Management US LLC acquired a new stake in Principal Investment Grade Corporate ETF during the 2nd quarter worth about $802,000. Finally, Western Wealth Management LLC acquired a new stake in Principal Investment Grade Corporate ETF during the 1st quarter worth about $2,768,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Principal Investment Grade Corporate 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.