Truist Financial Corp Buys 44,395 Shares of Invesco Fundamental Investment Grade Corporate Bond ETF $PFIG

Truist Financial Corp lifted its stake in Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 27.0% during the 4th quarter, Holdings Channel reports. The firm owned 209,109 shares of the company’s stock after acquiring an additional 44,395 shares during the period. Truist Financial Corp’s holdings in Invesco Fundamental Investment Grade Corporate Bond ETF were worth $5,079,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PFIG. Ameriprise Financial Inc. boosted its position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 52.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 248,913 shares of the company’s stock worth $5,990,000 after purchasing an additional 85,179 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF in the 2nd quarter worth $1,475,000. Nikulski Financial Inc. boosted its position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 162.7% in the 4th quarter. Nikulski Financial Inc. now owns 71,805 shares of the company’s stock worth $1,744,000 after purchasing an additional 44,475 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF by 312.7% in the 2nd quarter. Bank of America Corp DE now owns 42,454 shares of the company’s stock worth $1,022,000 after purchasing an additional 32,168 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Invesco Fundamental Investment Grade Corporate Bond ETF in the 2nd quarter worth $375,000.

Invesco Fundamental Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:PFIG opened at $24.07 on Monday. Invesco Fundamental Investment Grade Corporate Bond ETF has a 12-month low of $23.57 and a 12-month high of $26.96. The stock’s fifty day simple moving average is $24.11 and its 200-day simple moving average is $24.24.

About Invesco Fundamental Investment Grade Corporate Bond ETF

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.