Carnegie Capital Asset Management LLC Sells 2,613 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Carnegie Capital Asset Management LLC lowered its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 10.0% in the fourth quarter, Holdings Channel reports. The firm owned 23,577 shares of the company’s stock after selling 2,613 shares during the period. Carnegie Capital Asset Management LLC’s holdings in Invesco Preferred ETF were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Kades & Cheifetz LLC boosted its position in shares of Invesco Preferred ETF by 55.8% in the fourth quarter. Kades & Cheifetz LLC now owns 275,681 shares of the company’s stock valued at $3,162,000 after acquiring an additional 98,757 shares during the period. Boothe Investment Group Inc. boosted its position in shares of Invesco Preferred ETF by 3.9% in the fourth quarter. Boothe Investment Group Inc. now owns 158,362 shares of the company’s stock valued at $1,816,000 after acquiring an additional 5,900 shares during the period. Consolidated Portfolio Review Corp boosted its position in shares of Invesco Preferred ETF by 11.4% in the fourth quarter. Consolidated Portfolio Review Corp now owns 17,770 shares of the company’s stock valued at $204,000 after acquiring an additional 1,814 shares during the period. NewEdge Wealth LLC boosted its position in shares of Invesco Preferred ETF by 2.8% in the fourth quarter. NewEdge Wealth LLC now owns 146,496 shares of the company’s stock valued at $1,680,000 after acquiring an additional 4,002 shares during the period. Finally, DHK Financial Advisors Inc. boosted its position in shares of Invesco Preferred ETF by 1.8% in the fourth quarter. DHK Financial Advisors Inc. now owns 52,189 shares of the company’s stock valued at $599,000 after acquiring an additional 922 shares during the period.

Invesco Preferred ETF Price Performance

PGX opened at $11.37 on Thursday. Invesco Preferred ETF has a 1-year low of $10.14 and a 1-year high of $12.06. The business has a 50 day moving average of $11.82 and a 200-day moving average of $11.38.

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.