Insight Wealth Partners LLC Has $5.31 Million Stock Holdings in Principal Investment Grade Corporate ETF $IG

Insight Wealth Partners LLC boosted its stake in shares of Principal Investment Grade Corporate ETF (BATS:IG) by 13.3% in the second quarter, HoldingsChannel reports. The firm owned 256,849 shares of the company’s stock after purchasing an additional 30,221 shares during the quarter. Principal Investment Grade Corporate ETF accounts for about 0.7% of Insight Wealth Partners LLC’s holdings, making the stock its 12th largest holding. Insight Wealth Partners LLC’s holdings in Principal Investment Grade Corporate ETF were worth $5,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Principal Securities Inc. lifted its stake in shares of Principal Investment Grade Corporate ETF by 33.7% during the 4th quarter. Principal Securities Inc. now owns 4,157,920 shares of the company’s stock worth $86,859,000 after buying an additional 1,049,107 shares during the last quarter. Raymond James Financial Inc. grew its stake in Principal Investment Grade Corporate ETF by 10.4% in the 3rd quarter. Raymond James Financial Inc. now owns 863,109 shares of the company’s stock valued at $18,212,000 after buying an additional 81,107 shares during the last quarter. Spartan Wealth Advisory Services LLC bought a new position in Principal Investment Grade Corporate ETF in the 1st quarter valued at about $10,511,000. Western Wealth Management LLC bought a new position in Principal Investment Grade Corporate ETF in the 1st quarter valued at about $2,768,000. Finally, Mariner LLC lifted its position in Principal Investment Grade Corporate ETF by 109.5% during the fourth quarter. Mariner LLC now owns 107,827 shares of the company’s stock worth $2,253,000 after acquiring an additional 56,370 shares during the last quarter. 70.98% of the stock is owned by institutional investors.

Principal Investment Grade Corporate ETF Stock Down 0.0%

Shares of IG stock opened at $20.08 on Wednesday. Principal Investment Grade Corporate ETF has a 12-month low of $20.03 and a 12-month high of $21.36. The company has a market capitalization of $200.80 million, a PE ratio of 334.67 and a beta of 0.37. The firm has a 50 day moving average price of $20.27 and a two-hundred day moving average price of $20.54.

About Principal Investment Grade Corporate ETF

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.