Edge Wealth Management LLC boosted its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 7.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 30,145 shares of the company’s stock after acquiring an additional 2,196 shares during the period. Edge Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $338,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of PGX. Bernard Wealth Management Corp. bought a new stake in shares of Invesco Preferred ETF in the 4th quarter worth $26,000. Kentucky Trust Co bought a new stake in shares of Invesco Preferred ETF in the 4th quarter worth $36,000. Roxbury Financial LLC bought a new stake in shares of Invesco Preferred ETF in the 4th quarter worth $42,000. Tower Research Capital LLC TRC grew its stake in shares of Invesco Preferred ETF by 52.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,940 shares of the company’s stock worth $45,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of Invesco Preferred ETF by 42.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 4,027 shares of the company’s stock worth $46,000 after acquiring an additional 1,191 shares in the last quarter.
Invesco Preferred ETF Trading Up 0.2%
NYSEARCA PGX opened at $11.06 on Friday. The company has a fifty day moving average price of $11.00 and a 200-day moving average price of $11.42. Invesco Preferred ETF has a 1 year low of $10.70 and a 1 year 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.
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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).
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