Steward Partners Investment Advisory LLC boosted its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 30.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 512,213 shares of the company’s stock after acquiring an additional 119,702 shares during the period. Steward Partners Investment Advisory LLC owned about 0.14% of Invesco Preferred ETF worth $5,906,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco Preferred ETF during the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Invesco Preferred ETF by 299.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock worth $32,000 after acquiring an additional 2,093 shares during the last quarter. Kentucky Trust Co acquired a new stake in Invesco Preferred ETF during the 4th quarter worth $36,000. Roxbury Financial LLC acquired a new stake in shares of Invesco Preferred ETF in the fourth quarter valued at about $42,000. Finally, Benjamin Edwards Inc. purchased a new position in shares of Invesco Preferred ETF in the third quarter worth about $127,000.
Invesco Preferred ETF Stock Performance
PGX opened at $11.61 on Thursday. Invesco Preferred ETF has a twelve month low of $11.23 and a twelve month high of $12.54. The firm’s 50-day moving average price is $11.60 and its 200 day moving average price is $11.93.
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.
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