Sowell Financial Services LLC lifted its position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 3.4% during the fourth quarter, Holdings Channel reports. The firm owned 231,392 shares of the company’s stock after acquiring an additional 7,576 shares during the quarter. Sowell Financial Services LLC’s holdings in Invesco Preferred ETF were worth $2,668,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco Preferred ETF during the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock worth $32,000 after purchasing an additional 2,093 shares in the last quarter. Kentucky Trust Co acquired a new stake in shares of Invesco Preferred ETF during the fourth quarter worth about $36,000. Roxbury Financial LLC purchased a new position in shares of Invesco Preferred ETF during the fourth quarter worth about $42,000. Finally, Benjamin Edwards Inc. purchased a new position in shares of Invesco Preferred ETF during the third quarter worth about $127,000.
Invesco Preferred ETF Price Performance
NYSEARCA PGX opened at $11.52 on Monday. Invesco Preferred ETF has a 52-week low of $11.23 and a 52-week high of $12.54. The business’s 50-day moving average price is $11.60 and its 200 day moving average price is $11.92.
Invesco Preferred ETF 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.
Featured Stories
- Five stocks we like better than Invesco Preferred ETF
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- How to buy stock: A step-by-step guide for beginners
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- What is a Special Dividend?
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Want to see what other hedge funds are holding PGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Preferred ETF (NYSEARCA:PGX – Free Report).
Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
