Insight Advisors LLC PA Increases Stock Position in Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG)

Insight Advisors LLC PA grew its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 24.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,569 shares of the company’s stock after acquiring an additional 5,805 shares during the quarter. Insight Advisors LLC PA owned about 0.84% of Invesco Fundamental Investment Grade Corporate Bond ETF worth $704,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PFIG. TD Waterhouse Canada Inc. boosted its holdings in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 46.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,460 shares of the company’s stock valued at $34,000 after acquiring an additional 460 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF during the 4th quarter valued at about $56,000. JPMorgan Chase & Co. purchased a new stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF during the 4th quarter valued at about $187,000. Hobbs Group Advisors LLC purchased a new position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $467,000. Finally, Copia Wealth Management purchased a new position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $495,000.

Invesco Fundamental Investment Grade Corporate Bond ETF Price Performance

PFIG opened at $23.86 on Friday. The company’s 50 day moving average is $23.74 and its 200 day moving average is $23.67. Invesco Fundamental Investment Grade Corporate Bond ETF has a 12-month low of $22.64 and a 12-month high of $25.20.

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.