Kentucky Trust Co Makes New Investment in Invesco Preferred ETF (NYSEARCA:PGX)

Kentucky Trust Co acquired a new position in Invesco Preferred ETF (NYSEARCA:PGX) during the fourth quarter, HoldingsChannel reports. The fund acquired 3,080 shares of the company’s stock, valued at approximately $36,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. NBC Securities Inc. boosted its stake in Invesco Preferred ETF by 2.8% in the third quarter. NBC Securities Inc. now owns 34,376 shares of the company’s stock worth $424,000 after purchasing an additional 950 shares in the last quarter. Captrust Financial Advisors boosted its stake in Invesco Preferred ETF by 1.1% in the third quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock worth $1,086,000 after purchasing an additional 991 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Invesco Preferred ETF by 5.5% in the third quarter. Gladstone Institutional Advisory LLC now owns 27,089 shares of the company’s stock worth $335,000 after purchasing an additional 1,422 shares in the last quarter. Sax Wealth Advisors LLC boosted its stake in Invesco Preferred ETF by 7.0% in the fourth quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock worth $253,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in Invesco Preferred ETF by 0.4% in the third quarter. Integrated Wealth Concepts LLC now owns 387,083 shares of the company’s stock worth $4,780,000 after purchasing an additional 1,519 shares in the last quarter.

Invesco Preferred ETF Price Performance

Invesco Preferred ETF stock opened at $11.53 on Thursday. The business’s fifty day moving average is $11.63 and its two-hundred day moving average is $11.94. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54.

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.