Invesco Fundamental Investment Grade Corporate Bond ETF $PFIG Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 11.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,264,118 shares of the company’s stock after purchasing an additional 130,301 shares during the period. Bank of New York Mellon Corp owned approximately 26.90% of Invesco Fundamental Investment Grade Corporate Bond ETF worth $30,377,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PFIG. Royal Bank of Canada boosted its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 6.9% during the 1st quarter. Royal Bank of Canada now owns 16,147 shares of the company’s stock worth $384,000 after acquiring an additional 1,039 shares during the period. Cetera Investment Advisers lifted its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 96.6% in the second quarter. Cetera Investment Advisers now owns 18,986 shares of the company’s stock worth $457,000 after buying an additional 9,330 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco Fundamental Investment Grade Corporate Bond ETF during the 2nd quarter worth $375,000. Jane Street Group LLC bought a new stake in Invesco Fundamental Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $1,475,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 52.0% in the second quarter. Ameriprise Financial Inc. now owns 248,913 shares of the company’s stock valued at $5,990,000 after acquiring an additional 85,179 shares during the period.

Invesco Fundamental Investment Grade Corporate Bond ETF Price Performance

Shares of PFIG opened at $23.64 on Monday. Invesco Fundamental Investment Grade Corporate Bond ETF has a 52 week low of $23.59 and a 52 week high of $24.59. The company has a 50-day simple moving average of $23.86 and a 200-day simple moving average of $24.07.

Invesco Fundamental Investment Grade Corporate Bond ETF 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. PFIG was launched on Sep 15, 2011 and is managed by Invesco.