Paragon Private Wealth Management LLC Sells 1,141 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Paragon Private Wealth Management LLC cut its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,510 shares of the company’s stock after selling 1,141 shares during the period. Paragon Private Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $283,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PGX. Wilmington Savings Fund Society FSB bought a new position in Invesco Preferred ETF during the 3rd quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Invesco Preferred ETF by 299.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after purchasing an additional 2,093 shares during the last quarter. Kentucky Trust Co bought a new position in Invesco Preferred ETF during the 4th quarter valued at about $36,000. Roxbury Financial LLC bought a new position in Invesco Preferred ETF during the 4th quarter valued at about $42,000. Finally, Benjamin Edwards Inc. bought a new position in Invesco Preferred ETF during the 3rd quarter valued at about $127,000.

Invesco Preferred ETF Trading Down 0.8 %

Shares of NYSEARCA:PGX opened at $11.43 on Tuesday. Invesco Preferred ETF has a 12 month low of $11.23 and a 12 month high of $12.54. The firm’s 50-day moving average is $11.60 and its 200 day moving average is $11.92.

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.