Stone Summit Wealth LLC cut its stake in Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,250 shares of the company’s stock after selling 1,400 shares during the quarter. Stone Summit Wealth LLC’s holdings in Invesco Preferred ETF were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also bought and sold shares of PGX. Wilmington Savings Fund Society FSB bought a new position in shares of Invesco Preferred ETF in the third quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of 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 worth $32,000 after acquiring an additional 2,093 shares during the period. Eastern Bank purchased a new stake in Invesco Preferred ETF in the 3rd quarter worth about $37,000. Orrstown Financial Services Inc. bought a new stake in Invesco Preferred ETF in the 3rd quarter valued at about $124,000. Finally, Ellis Investment Partners LLC purchased a new stake in Invesco Preferred ETF during the third quarter valued at about $124,000.
Invesco Preferred ETF Trading Down 0.3 %
PGX opened at $11.57 on Monday. The firm has a 50-day moving average price of $11.65 and a 200-day moving average price of $11.93. Invesco Preferred ETF has a twelve month low of $11.23 and a twelve month 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.
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