Invesco Preferred ETF (NYSEARCA:PGX) Shares Purchased by Blair William & Co. IL

Blair William & Co. IL raised its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 11.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 395,233 shares of the company’s stock after purchasing an additional 39,993 shares during the period. Blair William & Co. IL owned about 0.11% of Invesco Preferred ETF worth $4,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in PGX. Perennial Investment Advisors LLC raised its holdings in shares of Invesco Preferred ETF by 220.7% in the 2nd quarter. Perennial Investment Advisors LLC now owns 36,302 shares of the company’s stock valued at $419,000 after purchasing an additional 24,983 shares in the last quarter. One Capital Management LLC boosted its position in shares of Invesco Preferred ETF by 1,520.1% during the 2nd quarter. One Capital Management LLC now owns 353,016 shares of the company’s stock worth $4,077,000 after acquiring an additional 331,226 shares in the last quarter. HBK Sorce Advisory LLC increased its holdings in shares of Invesco Preferred ETF by 11.3% in the 2nd quarter. HBK Sorce Advisory LLC now owns 217,070 shares of the company’s stock valued at $2,507,000 after acquiring an additional 22,000 shares during the last quarter. LPL Financial LLC raised its position in shares of Invesco Preferred ETF by 9.7% during the 2nd quarter. LPL Financial LLC now owns 13,579,206 shares of the company’s stock worth $156,840,000 after acquiring an additional 1,197,584 shares in the last quarter. Finally, Liberty Wealth Management LLC purchased a new stake in Invesco Preferred ETF during the second quarter worth approximately $2,706,000.

Invesco Preferred ETF Trading Up 0.2 %

Shares of 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 50 day moving average is $11.92 and its two-hundred 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.