Sigma Planning Corp Has $2.02 Million Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Sigma Planning Corp raised its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 15.5% during the fourth quarter, HoldingsChannel reports. The firm owned 174,951 shares of the company’s stock after acquiring an additional 23,472 shares during the quarter. Sigma Planning Corp’s holdings in Invesco Preferred ETF were worth $2,017,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of PGX. Captrust Financial Advisors boosted its position in Invesco Preferred ETF by 1.1% in the third quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock valued at $1,086,000 after buying an additional 991 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its position 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 valued at $335,000 after buying an additional 1,422 shares in the last quarter. Sax Wealth Advisors LLC boosted its holdings in shares of Invesco Preferred ETF by 7.0% during the 4th quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock valued at $253,000 after acquiring an additional 1,440 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Invesco Preferred ETF by 0.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 387,083 shares of the company’s stock valued at $4,780,000 after acquiring an additional 1,519 shares in the last quarter. Finally, J. W. Coons Advisors LLC boosted its holdings in shares of Invesco Preferred ETF by 6.4% during the 3rd quarter. J. W. Coons Advisors LLC now owns 28,110 shares of the company’s stock valued at $347,000 after acquiring an additional 1,700 shares in the last quarter.

Invesco Preferred ETF Price Performance

NYSEARCA PGX opened at $11.60 on Monday. The business’s fifty day moving average is $11.59 and its 200 day moving average is $11.93. Invesco Preferred ETF has a twelve month low of $11.23 and a twelve month 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.