Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC trimmed its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 20.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,897 shares of the company’s stock after selling 5,920 shares during the period. Valeo Financial Advisors LLC’s holdings in Invesco Preferred ETF were worth $283,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Albion Financial Group UT increased its holdings in shares of Invesco Preferred ETF by 26.2% during the third quarter. Albion Financial Group UT now owns 118,318 shares of the company’s stock valued at $1,461,000 after purchasing an additional 24,590 shares during the period. Daymark Wealth Partners LLC increased its holdings in shares of Invesco Preferred ETF by 2.5% during the third quarter. Daymark Wealth Partners LLC now owns 196,656 shares of the company’s stock valued at $2,429,000 after purchasing an additional 4,882 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Invesco Preferred ETF during the third quarter valued at $251,000. StoneCrest Wealth Management Inc. grew its holdings in Invesco Preferred ETF by 7.5% during the third quarter. StoneCrest Wealth Management Inc. now owns 177,745 shares of the company’s stock worth $2,195,000 after acquiring an additional 12,443 shares during the period. Finally, Brookstone Capital Management grew its holdings in Invesco Preferred ETF by 52.0% during the third quarter. Brookstone Capital Management now owns 60,724 shares of the company’s stock worth $750,000 after acquiring an additional 20,765 shares during the period.

Invesco Preferred ETF Stock Up 0.2 %

NYSEARCA:PGX opened at $12.45 on Wednesday. The business’s 50-day moving average price is $12.17 and its 200 day moving average price is $11.79. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.54.

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.