Invesco Preferred ETF (NYSEARCA:PGX) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 11.8% during the 2nd quarter, Holdings Channel reports. The firm owned 1,192,875 shares of the company’s stock after buying an additional 126,034 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco Preferred ETF were worth $13,778,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cohen & Steers Inc. raised its holdings in shares of Invesco Preferred ETF by 1,074,842.8% during the fourth quarter. Cohen & Steers Inc. now owns 6,707,643 shares of the company’s stock worth $76,937,000 after purchasing an additional 6,707,019 shares during the last quarter. Apollon Wealth Management LLC grew its position in Invesco Preferred ETF by 2,034.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 2,439,962 shares of the company’s stock worth $28,182,000 after purchasing an additional 2,325,672 shares during the period. Principal Financial Group Inc. raised its stake in shares of Invesco Preferred ETF by 3,516.3% during the 4th quarter. Principal Financial Group Inc. now owns 602,725 shares of the company’s stock valued at $6,913,000 after buying an additional 586,058 shares during the last quarter. Advisors Preferred LLC lifted its holdings in shares of Invesco Preferred ETF by 155.1% in the 1st quarter. Advisors Preferred LLC now owns 865,646 shares of the company’s stock valued at $10,293,000 after buying an additional 526,338 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco Preferred ETF by 120.5% in the first quarter. Cetera Investment Advisers now owns 742,883 shares of the company’s stock worth $8,825,000 after buying an additional 405,912 shares during the last quarter.

Invesco Preferred ETF Stock Down 0.2 %

Invesco Preferred ETF stock opened at $11.97 on Wednesday. The business’s 50-day moving average price is $11.75 and its 200 day moving average price is $11.70. Invesco Preferred ETF has a 52 week low of $10.14 and a 52 week high of $12.07.

Invesco Preferred ETF Company Profile

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities.