Invesco Preferred ETF (NYSEARCA:PGX) Holdings Decreased by Private Advisor Group LLC

Private Advisor Group LLC cut its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 1.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 591,602 shares of the company’s stock after selling 8,024 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Preferred ETF were worth $7,306,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Comerica Bank boosted its stake in Invesco Preferred ETF by 28.3% in the first quarter. Comerica Bank now owns 177,530 shares of the company’s stock valued at $2,109,000 after acquiring an additional 39,126 shares during the period. Oppenheimer & Co. Inc. boosted its position in Invesco Preferred ETF by 16.4% during the 1st 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. CreativeOne Wealth LLC grew its stake in Invesco Preferred ETF by 91.1% during the 1st quarter. CreativeOne Wealth LLC now owns 19,485 shares of the company’s stock worth $232,000 after buying an additional 9,290 shares during the last quarter. Kades & Cheifetz LLC increased its position in Invesco Preferred ETF by 1.8% in the third quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock worth $3,279,000 after buying an additional 4,649 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in Invesco Preferred ETF by 3.6% in the third quarter. Sound Income Strategies LLC now owns 437,945 shares of the company’s stock valued at $5,409,000 after buying an additional 15,151 shares during the last quarter.

Invesco Preferred ETF Stock Performance

Invesco Preferred ETF stock opened at $12.20 on Friday. Invesco Preferred ETF has a one year low of $10.19 and a one year high of $12.54. The company has a 50-day simple moving average of $12.26 and a 200-day simple moving average of $11.82.

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.