CVA Family Office LLC Sells 1,621 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

CVA Family Office LLC cut its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 9.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,903 shares of the company’s stock after selling 1,621 shares during the period. CVA Family Office LLC’s holdings in Invesco Preferred ETF were worth $184,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PGX. Wetzel Investment Advisors Inc. bought a new position in Invesco Preferred ETF during the 4th quarter valued at about $34,000. Capital Analysts LLC grew its stake in shares of Invesco Preferred ETF by 91.4% during the fourth quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock valued at $40,000 after buying an additional 1,655 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Invesco Preferred ETF in the first quarter worth approximately $46,000. Trifecta Capital Advisors LLC bought a new stake in shares of Invesco Preferred ETF during the 4th quarter worth approximately $69,000. Finally, Headlands Technologies LLC boosted its holdings in Invesco Preferred ETF by 712.3% during the 4th quarter. Headlands Technologies LLC now owns 7,278 shares of the company’s stock valued at $83,000 after acquiring an additional 6,382 shares during the period.

Invesco Preferred ETF Trading Up 0.4 %

PGX stock traded up $0.05 during trading on Wednesday, hitting $11.70. The company had a trading volume of 3,614,270 shares, compared to its average volume of 3,490,803. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.06. The company has a 50 day simple moving average of $11.63 and a 200-day simple moving average of $11.68.

About Invesco Preferred ETF

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.