Crews Bank & Trust Takes Position in Invesco Preferred ETF (NYSEARCA:PGX)

Crews Bank & Trust purchased a new stake in Invesco Preferred ETF (NYSEARCA:PGX) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 39,580 shares of the company’s stock, valued at approximately $456,000.

Several other large investors have also modified their holdings of the business. Wilmington Savings Fund Society FSB acquired a new position in Invesco Preferred ETF during the 3rd quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. raised its position in Invesco Preferred ETF by 299.0% in 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 in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in Invesco Preferred ETF in the 2nd quarter valued at about $35,000. Eastern Bank acquired a new stake in Invesco Preferred ETF in the 3rd quarter valued at about $37,000. Finally, Orrstown Financial Services Inc. acquired a new stake in Invesco Preferred ETF in the 3rd quarter valued at about $124,000.

Invesco Preferred ETF Stock Up 0.3 %

PGX stock opened at $11.66 on Friday. The business’s 50-day moving average is $11.70 and its two-hundred day moving average is $11.94. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year high of $12.54.

Invesco Preferred ETF 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.