J. W. Coons Advisors LLC Boosts Stake in Invesco Preferred ETF (NYSEARCA:PGX)

J. W. Coons Advisors LLC increased its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 6.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,110 shares of the company’s stock after acquiring an additional 1,700 shares during the period. J. W. Coons Advisors LLC’s holdings in Invesco Preferred ETF were worth $347,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PGX. Sheaff Brock Investment Advisors LLC raised its holdings in shares of Invesco Preferred ETF by 11.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 28,433 shares of the company’s stock valued at $351,000 after buying an additional 2,946 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in Invesco Preferred ETF by 4.4% during the third quarter. Oppenheimer & Co. Inc. now owns 210,981 shares of the company’s stock valued at $2,606,000 after acquiring an additional 8,886 shares during the last quarter. Pinnacle Financial Partners Inc purchased a new position in shares of Invesco Preferred ETF during the third quarter worth approximately $185,000. Tyler Stone Wealth Management lifted its holdings in shares of Invesco Preferred ETF by 101.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 15,825 shares of the company’s stock worth $195,000 after acquiring an additional 7,967 shares during the last quarter. Finally, Baker Avenue Asset Management LP boosted its stake in shares of Invesco Preferred ETF by 5.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 226,828 shares of the company’s stock valued at $2,801,000 after purchasing an additional 12,357 shares in the last quarter.

Invesco Preferred ETF Trading Up 0.1 %

Shares of NYSEARCA:PGX opened at $12.02 on Monday. The company’s fifty day moving average is $12.29 and its 200 day moving average is $11.89. Invesco Preferred ETF has a 52 week low of $10.84 and a 52 week high of $12.54.

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.