UBS Group AG Buys 1,300,981 Shares of Invesco Preferred ETF $PGX

UBS Group AG boosted its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 32.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,345,570 shares of the company’s stock after purchasing an additional 1,300,981 shares during the quarter. UBS Group AG’s holdings in Invesco Preferred ETF were worth $60,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Rockwood Wealth Management LLC bought a new stake in shares of Invesco Preferred ETF during the 4th quarter valued at about $118,000. NBC Securities Inc. boosted its position in shares of Invesco Preferred ETF by 4.4% during the 4th quarter. NBC Securities Inc. now owns 37,707 shares of the company’s stock valued at $424,000 after acquiring an additional 1,595 shares during the last quarter. O ROURKE & COMPANY Inc boosted its position in shares of Invesco Preferred ETF by 17.5% during the 4th quarter. O ROURKE & COMPANY Inc now owns 13,492 shares of the company’s stock valued at $152,000 after acquiring an additional 2,006 shares during the last quarter. Friedenthal Financial boosted its position in shares of Invesco Preferred ETF by 4.2% during the 4th quarter. Friedenthal Financial now owns 29,051 shares of the company’s stock valued at $327,000 after acquiring an additional 1,158 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. boosted its position in shares of Invesco Preferred ETF by 154.0% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 116,840 shares of the company’s stock valued at $1,313,000 after acquiring an additional 70,847 shares during the last quarter. Institutional investors own 8.60% of the company’s stock.

Invesco Preferred ETF Trading Down 0.4%

Shares of PGX opened at $11.10 on Tuesday. The stock has a 50-day moving average price of $11.17 and a 200-day moving average price of $11.30. Invesco Preferred ETF has a 12-month low of $10.82 and a 12-month high of $11.92.

Invesco Preferred ETF Company 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. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index.