JPMorgan Chase & Co. purchased a new stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG – Free Report) in the fourth quarter, Holdings Channel reports. The firm purchased 7,947 shares of the company’s stock, valued at approximately $187,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $56,000. Insight Advisors LLC PA lifted its stake in Invesco Fundamental Investment Grade Corporate Bond ETF by 6.2% in the fourth quarter. Insight Advisors LLC PA now owns 23,764 shares of the company’s stock worth $559,000 after acquiring an additional 1,391 shares during the period. Jones Financial Companies Lllp increased its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 67.7% during the 4th quarter. Jones Financial Companies Lllp now owns 25,806 shares of the company’s stock valued at $606,000 after purchasing an additional 10,414 shares during the period. Finally, Breakwater Capital Group raised its holdings in Invesco Fundamental Investment Grade Corporate Bond ETF by 6.6% in the 4th quarter. Breakwater Capital Group now owns 30,877 shares of the company’s stock worth $725,000 after purchasing an additional 1,914 shares in the last quarter.
Invesco Fundamental Investment Grade Corporate Bond ETF Stock Down 0.3 %
Shares of PFIG opened at $23.74 on Monday. Invesco Fundamental Investment Grade Corporate Bond ETF has a 1-year low of $23.07 and a 1-year high of $25.20. The firm’s 50-day moving average price is $23.75 and its 200-day moving average price is $23.66.
Invesco Fundamental Investment Grade Corporate Bond ETF Company Profile
The Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an exchange-traded fund that is based on the RAFI Bonds US Investment Grade 1-10 index. The fund tracks a fundamental-weighted index of investment-grade corporate bonds available in US markets. Issues are selected and weighted using RAFI scores based on financial statement metrics.
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Want to see what other hedge funds are holding PFIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG – Free Report).
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