Commonwealth Equity Services LLC Increases Position in Invesco Preferred ETF (NYSEARCA:PGX)

Commonwealth Equity Services LLC increased its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 11.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,448,097 shares of the company’s stock after purchasing an additional 148,346 shares during the period. Commonwealth Equity Services LLC owned 0.39% of Invesco Preferred ETF worth $16,697,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Invesco Preferred ETF in the 3rd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. boosted 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 acquiring an additional 2,093 shares during the last quarter. Kentucky Trust Co purchased a new position in Invesco Preferred ETF during the fourth quarter valued at $36,000. Roxbury Financial LLC purchased a new position in Invesco Preferred ETF during the fourth quarter valued at $42,000. Finally, Benjamin Edwards Inc. bought a new stake in Invesco Preferred ETF in the 3rd quarter valued at $127,000.

Invesco Preferred ETF Trading Up 0.3 %

Shares of PGX stock opened at $11.59 on Tuesday. The company’s fifty day simple moving average is $11.59 and its two-hundred day simple moving average is $11.90. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54.

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.