O ROURKE & COMPANY Inc Cuts Stake in Invesco Preferred ETF (NYSEARCA:PGX)

O ROURKE & COMPANY Inc reduced its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 3.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 184,212 shares of the company’s stock after selling 7,515 shares during the period. Invesco Preferred ETF comprises 1.3% of O ROURKE & COMPANY Inc’s investment portfolio, making the stock its 23rd largest holding. O ROURKE & COMPANY Inc’s holdings in Invesco Preferred ETF were worth $2,188,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Gradient Investments LLC increased its position in shares of Invesco Preferred ETF by 102.9% in the 4th quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after purchasing an additional 1,397 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of Invesco Preferred ETF in the 4th quarter valued at approximately $32,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of Invesco Preferred ETF in the 4th quarter valued at approximately $34,000. Capital Analysts LLC increased its position 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 purchasing an additional 1,655 shares during the last quarter. Finally, Trifecta Capital Advisors LLC purchased a new stake in shares of Invesco Preferred ETF in the 4th quarter valued at approximately $69,000.

Invesco Preferred ETF Trading Down 0.3 %

Shares of NYSEARCA:PGX traded down $0.03 during trading hours on Monday, reaching $11.52. The stock had a trading volume of 4,637,940 shares, compared to its average volume of 3,497,234. Invesco Preferred ETF has a 1 year low of $10.14 and a 1 year high of $12.06. The firm’s 50 day moving average is $11.54 and its 200-day moving average is $11.66.

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.