JPMorgan Chase & Co. Invests $3.05 Million in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG)

JPMorgan Chase & Co. acquired a new stake in First Trust Intermediate Duration Investment Grade Corporate ETF (NYSEARCA:FIIG) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 149,280 shares of the company’s stock, valued at approximately $3,053,000. JPMorgan Chase & Co. owned about 1.93% of First Trust Intermediate Duration Investment Grade Corporate ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FIIG. LPL Financial LLC raised its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 54.7% during the 4th quarter. LPL Financial LLC now owns 2,964,299 shares of the company’s stock worth $60,620,000 after buying an additional 1,048,020 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in First Trust Intermediate Duration Investment Grade Corporate ETF by 1.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 332,891 shares of the company’s stock valued at $6,808,000 after acquiring an additional 5,523 shares during the period. Manchester Financial Inc. boosted its position in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 921.0% during the 4th quarter. Manchester Financial Inc. now owns 296,223 shares of the company’s stock worth $6,058,000 after purchasing an additional 267,211 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 39.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 212,178 shares of the company’s stock worth $4,339,000 after purchasing an additional 60,429 shares during the period. Finally, Csenge Advisory Group increased its holdings in shares of First Trust Intermediate Duration Investment Grade Corporate ETF by 21.4% in the 4th quarter. Csenge Advisory Group now owns 202,085 shares of the company’s stock valued at $4,133,000 after purchasing an additional 35,653 shares in the last quarter.

First Trust Intermediate Duration Investment Grade Corporate ETF Price Performance

FIIG stock opened at $20.40 on Tuesday. The company’s 50-day moving average price is $20.63 and its 200 day moving average price is $20.68. First Trust Intermediate Duration Investment Grade Corporate ETF has a 52 week low of $19.91 and a 52 week high of $21.60.

First Trust Intermediate Duration Investment Grade Corporate ETF Company Profile

The First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment grade, corporate debt securities. The portfolio aims for a dollar-weighted average maturity between three and ten years FIIG was launched on Aug 2, 2023 and is issued by First Trust.