Brighton Jones LLC Sells 2,742 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Brighton Jones LLC trimmed its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 5.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,115 shares of the company’s stock after selling 2,742 shares during the quarter. Brighton Jones LLC’s holdings in Invesco Preferred ETF were worth $602,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Central Pacific Bank Trust Division bought a new stake in shares of Invesco Preferred ETF in the first quarter worth about $46,000. Private Ocean LLC purchased a new stake in shares of Invesco Preferred ETF during the 1st quarter worth approximately $94,000. Consultiva Wealth Management CORP. bought a new position in shares of Invesco Preferred ETF during the 1st quarter valued at approximately $96,000. Holderness Investments Co. purchased a new position in shares of Invesco Preferred ETF in the fourth quarter valued at $115,000. Finally, Walden Wealth Partners LLC purchased a new position in shares of Invesco Preferred ETF in the fourth quarter valued at $117,000.

Invesco Preferred ETF Stock Up 0.2 %

Invesco Preferred ETF stock opened at $12.52 on Friday. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.54. The firm’s fifty day moving average is $11.92 and its 200 day moving average is $11.74.

About Invesco Preferred ETF

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.