Capasso Planning Partners LLC Has $146,000 Stake in Invesco Preferred ETF (NYSEARCA:PGX)

Capasso Planning Partners LLC trimmed its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 39.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,838 shares of the company’s stock after selling 7,622 shares during the quarter. Capasso Planning Partners LLC’s holdings in Invesco Preferred ETF were worth $146,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PGX. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco Preferred ETF in the third quarter valued at about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Invesco Preferred ETF in the second quarter valued at about $35,000. Eastern Bank acquired a new stake in shares of Invesco Preferred ETF in the third quarter valued at about $37,000. Ellis Investment Partners LLC acquired a new stake in shares of Invesco Preferred ETF in the third quarter valued at about $124,000. Finally, Orrstown Financial Services Inc. acquired a new stake in shares of Invesco Preferred ETF in the third quarter valued at about $124,000.

Invesco Preferred ETF Stock Down 0.8 %

Shares of NYSEARCA:PGX opened at $11.81 on Friday. The stock’s 50-day moving average is $12.11 and its 200-day moving average is $11.94. Invesco Preferred ETF has a 52-week low of $11.17 and a 52-week high of $12.54.

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.