Financial Insights Inc. Acquires Shares of 14,200 Invesco Preferred ETF (NYSEARCA:PGX)

Financial Insights Inc. purchased a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,200 shares of the company’s stock, valued at approximately $175,000.

A number of other large investors also recently bought and sold shares of the company. Eastern Bank purchased a new position in Invesco Preferred ETF in the third quarter worth $37,000. Calton & Associates Inc. acquired a new stake in shares of Invesco Preferred ETF in the 3rd quarter worth approximately $128,000. Foundations Investment Advisors LLC purchased a new position in Invesco Preferred ETF in the 3rd quarter valued at approximately $604,000. Crew Capital Management Ltd. increased its stake in Invesco Preferred ETF by 11.2% in the 3rd quarter. Crew Capital Management Ltd. now owns 81,130 shares of the company’s stock valued at $1,002,000 after purchasing an additional 8,192 shares in the last quarter. Finally, Wealth Advisory Solutions LLC raised its holdings in Invesco Preferred ETF by 53.9% during the third quarter. Wealth Advisory Solutions LLC now owns 52,574 shares of the company’s stock worth $649,000 after purchasing an additional 18,410 shares during the last quarter.

Invesco Preferred ETF Price Performance

Invesco Preferred ETF stock opened at $12.20 on Thursday. Invesco Preferred ETF has a fifty-two week low of $10.19 and a fifty-two week high of $12.54. The stock’s fifty day moving average is $12.24 and its two-hundred day moving average is $11.82.

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.