Creekside Partners Invests $403,000 in Invesco Preferred ETF (NYSEARCA:PGX)

Creekside Partners bought a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,925 shares of the company’s stock, valued at approximately $403,000.

Several other hedge funds have also recently bought and sold shares of the business. Stifel Financial Corp increased its position in shares of Invesco Preferred ETF by 7.1% in the fourth quarter. Stifel Financial Corp now owns 440,480 shares of the company’s stock worth $5,052,000 after acquiring an additional 29,322 shares in the last quarter. Bank of New Hampshire boosted its position in Invesco Preferred ETF by 13.0% during the 1st quarter. Bank of New Hampshire now owns 14,750 shares of the company’s stock worth $175,000 after purchasing an additional 1,700 shares during the period. Comerica Bank increased its holdings in Invesco Preferred ETF by 28.3% in the 1st quarter. Comerica Bank now owns 177,530 shares of the company’s stock valued at $2,109,000 after purchasing an additional 39,126 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Invesco Preferred ETF by 16.4% in the first quarter. Oppenheimer & Co. Inc. now owns 211,020 shares of the company’s stock valued at $2,507,000 after purchasing an additional 29,756 shares during the period. Finally, CreativeOne Wealth LLC lifted its stake in shares of Invesco Preferred ETF by 91.1% during the first quarter. CreativeOne Wealth LLC now owns 19,485 shares of the company’s stock worth $232,000 after purchasing an additional 9,290 shares in the last quarter.

Invesco Preferred ETF Stock Up 0.3 %

Shares of NYSEARCA PGX opened at $12.39 on Wednesday. Invesco Preferred ETF has a 1-year low of $10.14 and a 1-year high of $12.54. The business has a 50-day moving average of $12.00 and a 200-day moving average of $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.