Morgan Stanley Buys 2,308 Shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG)

Morgan Stanley boosted its stake in shares of Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG) by 15.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,256 shares of the company’s stock after purchasing an additional 2,308 shares during the period. Morgan Stanley owned about 0.49% of Invesco Fundamental Investment Grade Corporate Bond ETF worth $448,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Wells Fargo & Company MN raised its position in Invesco Fundamental Investment Grade Corporate Bond ETF by 218.1% in the second quarter. Wells Fargo & Company MN now owns 2,720 shares of the company’s stock worth $70,000 after acquiring an additional 1,865 shares during the period. Ausdal Financial Partners Inc. bought a new position in Invesco Fundamental Investment Grade Corporate Bond ETF in the second quarter worth approximately $224,000. AE Wealth Management LLC bought a new position in Invesco Fundamental Investment Grade Corporate Bond ETF in the second quarter worth approximately $271,000. Dearborn Partners LLC bought a new position in Invesco Fundamental Investment Grade Corporate Bond ETF in the second quarter worth approximately $272,000. Finally, CIBC Private Wealth Group LLC bought a new position in Invesco Fundamental Investment Grade Corporate Bond ETF in the second quarter worth approximately $305,000.

PFIG traded up $0.03 during trading on Tuesday, hitting $26.12. The company’s stock had a trading volume of 7,987 shares, compared to its average volume of 44,389. Invesco Fundamental Investment Grade Corporate Bond ETF has a one year low of $24.35 and a one year high of $27.05. The business’s 50 day simple moving average is $26.22 and its 200-day simple moving average is $25.94.

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Institutional Ownership by Quarter for Invesco Fundamental Investment Grade Corporate Bond ETF (NYSEARCA:PFIG)

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