32,271 Shares in Invesco Preferred ETF (NYSEARCA:PGX) Purchased by Ariadne Wealth Management LP

Ariadne Wealth Management LP bought a new stake in Invesco Preferred ETF (NYSEARCA:PGX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 32,271 shares of the company’s stock, valued at approximately $373,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cohen & Steers Inc. lifted its holdings in shares of Invesco Preferred ETF by 1,074,842.8% in the 4th quarter. Cohen & Steers Inc. now owns 6,707,643 shares of the company’s stock worth $76,937,000 after acquiring an additional 6,707,019 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in Invesco Preferred ETF by 2,034.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 2,439,962 shares of the company’s stock worth $28,182,000 after purchasing an additional 2,325,672 shares during the period. LPL Financial LLC increased its holdings in shares of Invesco Preferred ETF by 9.7% in the 2nd quarter. LPL Financial LLC now owns 13,579,206 shares of the company’s stock valued at $156,840,000 after purchasing an additional 1,197,584 shares in the last quarter. Advisors Preferred LLC increased its holdings in shares of Invesco Preferred ETF by 155.1% in the 1st quarter. Advisors Preferred LLC now owns 865,646 shares of the company’s stock valued at $10,293,000 after purchasing an additional 526,338 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Invesco Preferred ETF by 120.5% during the 1st quarter. Cetera Investment Advisers now owns 742,883 shares of the company’s stock valued at $8,825,000 after buying an additional 405,912 shares during the last quarter.

Invesco Preferred ETF Stock Down 0.7 %

PGX stock opened at $12.35 on Tuesday. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.54. The company has a 50 day moving average price of $11.99 and a two-hundred day moving average price of $11.76.

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.