Raymond James Financial Inc. Purchases Shares of 673,581 Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

Raymond James Financial Inc. purchased a new stake in shares of Principal Investment Grade Corporate Active ETF (NYSEARCA:IG) during the fourth quarter, Holdings Channel reports. The fund purchased 673,581 shares of the company’s stock, valued at approximately $13,701,000. Raymond James Financial Inc. owned about 0.18% of Principal Investment Grade Corporate Active ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. acquired a new position in shares of Principal Investment Grade Corporate Active ETF during the fourth quarter valued at about $958,000. Principal Securities Inc. raised its holdings in shares of Principal Investment Grade Corporate Active ETF by 5.1% during the fourth quarter. Principal Securities Inc. now owns 2,137,920 shares of the company’s stock valued at $43,485,000 after purchasing an additional 103,826 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Principal Investment Grade Corporate Active ETF by 1,805.4% during the third quarter. JPMorgan Chase & Co. now owns 15,472 shares of the company’s stock valued at $331,000 after purchasing an additional 14,660 shares during the period. Jane Street Group LLC raised its holdings in shares of Principal Investment Grade Corporate Active ETF by 72.7% during the third quarter. Jane Street Group LLC now owns 38,006 shares of the company’s stock valued at $813,000 after purchasing an additional 15,999 shares during the period. Finally, Insight Wealth Partners LLC raised its holdings in shares of Principal Investment Grade Corporate Active ETF by 73.9% during the third quarter. Insight Wealth Partners LLC now owns 151,286 shares of the company’s stock valued at $3,238,000 after purchasing an additional 64,275 shares during the period.

Principal Investment Grade Corporate Active ETF Trading Up 0.4 %

Shares of NYSEARCA IG opened at $20.72 on Thursday. The firm’s 50-day moving average price is $20.54 and its 200-day moving average price is $20.78. Principal Investment Grade Corporate Active ETF has a 1-year low of $19.90 and a 1-year high of $21.55.

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.