Marshall Wace LLP Grows Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Marshall Wace LLP boosted its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 960,800 shares of the company’s stock after purchasing an additional 23,600 shares during the period. Marshall Wace LLP’s holdings in Invesco Preferred ETF were worth $11,097,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of PGX. Central Pacific Bank Trust Division acquired a new position in shares of Invesco Preferred ETF in the first quarter valued at approximately $46,000. Private Ocean LLC acquired a new position in Invesco Preferred ETF in the 1st quarter valued at $94,000. Consultiva Wealth Management CORP. purchased a new position in Invesco Preferred ETF during the 1st quarter worth $96,000. Holderness Investments Co. acquired a new stake in shares of Invesco Preferred ETF in the 4th quarter worth $115,000. Finally, Walden Wealth Partners LLC purchased a new stake in shares of Invesco Preferred ETF in the fourth quarter valued at about $117,000.

Invesco Preferred ETF Stock Performance

Shares of Invesco Preferred ETF stock opened at $12.44 on Friday. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.54. The company’s 50-day simple moving average is $11.99 and its 200-day simple moving average is $11.76.

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.