Summit Financial LLC purchased a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,822 shares of the company’s stock, valued at approximately $354,000.
Several other large investors have also recently made changes to their positions in the business. CWM LLC lifted its stake in shares of Invesco Preferred ETF by 14.2% in the 4th quarter. CWM LLC now owns 38,289 shares of the company’s stock valued at $439,000 after acquiring an additional 4,757 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in shares of Invesco Preferred ETF in the 3rd quarter valued at about $2,054,000. Raymond James & Associates lifted its stake in shares of Invesco Preferred ETF by 11.2% in the 4th quarter. Raymond James & Associates now owns 824,598 shares of the company’s stock valued at $9,458,000 after acquiring an additional 83,095 shares during the last quarter. Capital Analysts LLC lifted its stake in shares of Invesco Preferred ETF by 91.4% in the 4th quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock valued at $40,000 after acquiring an additional 1,655 shares during the last quarter. Finally, Traverso Chambers Private Wealth Management LLC lifted its stake in shares of Invesco Preferred ETF by 2.3% in the 4th quarter. Traverso Chambers Private Wealth Management LLC now owns 577,155 shares of the company’s stock valued at $6,620,000 after acquiring an additional 12,902 shares during the last quarter.
Invesco Preferred ETF Price Performance
NYSEARCA PGX opened at $11.61 on Friday. Invesco Preferred ETF has a 1-year low of $10.14 and a 1-year high of $12.06. The stock has a 50-day moving average of $11.74 and a 200-day moving average of $11.45.
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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