Invesco Investment Grade Defensive ETF Price & Performance (IIGD)

Bank of New York Mellon Corp increased its stake in Invesco Investment Grade Defensive ETF by 2% in Q4, holding nearly 36% of the fund. The ETF, tracking investment-grade corporate bonds, has seen steady interest despite market volatility, with shares recently trading near $24.43.12

Amid heightened market volatility, defensive ETFs are gaining traction. Funds like Invesco S&P 500 Low Volatility ETF and Vanguard Short-Term Inflation-Protected Securities ETF offer stability, focusing on sectors like utilities and consumer staples or inflation-protected bonds, appealing to investors seeking to mitigate risk.34

Invesco Investment Grade Defensive ETF's price movements around $24.61 are drawing trader attention. Technical data suggests a buy signal above this level with a target of $24.93, while resistance testing could prompt short positions. These patterns reflect the ETF's appeal in uncertain markets.24