Invesco Preferred ETF (NYSEARCA:PGX) Sets New 12-Month Low – Here’s What Happened

Posted by Dante Gardener on Nov 12th, 2026

Invesco Preferred ETF (NYSEARCA:PGX – Get Free Report)’s share price hit a new 52-week low on Thursday. The company traded as low as $9.81 and last traded at $9.8150, with a volume of 705,158 shares trading hands. The stock had previously closed at $9.88.

Invesco Preferred ETF Stock Performance

The business’s 50 day simple moving average is $10.12 and its two-hundred day simple moving average is $10.80.

Institutional Investors Weigh In On Invesco Preferred ETF

Several hedge funds have recently modified their holdings of the company. Rathbones Group PLC acquired a new stake in shares of Invesco Preferred ETF during the third quarter valued at about $111,000. Balanced Wealth Group LLC raised its holdings in Invesco Preferred ETF by 587.5% in the 3rd quarter. Balanced Wealth Group LLC now owns 118,751 shares of the company’s stock valued at $1,169,000 after buying an additional 101,478 shares during the last quarter. Private Advisor Group LLC acquired a new stake in Invesco Preferred ETF during the 3rd quarter worth approximately $8,552,000. Checchi Capital Advisers LLC acquired a new stake in Invesco Preferred ETF during the 3rd quarter worth approximately $18,049,000. Finally, Global Retirement Partners LLC boosted its position in Invesco Preferred ETF by 4.2% during the 3rd quarter. Global Retirement Partners LLC now owns 234,946 shares of the company’s stock worth $2,366,000 after buying an additional 9,480 shares during the period. Institutional investors and hedge funds own 8.60% of the company’s stock.

About Invesco Preferred ETF

(Get Free Report)

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.