GWN Securities Inc. Invests $307,000 in Invesco Preferred ETF (NYSEARCA:PGX)

GWN Securities Inc. purchased a new position in Invesco Preferred ETF (NYSEARCA:PGX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,273 shares of the company’s stock, valued at approximately $307,000.

A number of other large investors have also recently made changes to their positions in PGX. Wilmington Savings Fund Society FSB bought a new position in shares of Invesco Preferred ETF in the third quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares during the period. Kentucky Trust Co bought a new stake in Invesco Preferred ETF during the fourth quarter valued at $36,000. Roxbury Financial LLC bought a new stake in Invesco Preferred ETF during the fourth quarter valued at $42,000. Finally, HMV Wealth Advisors LLC bought a new stake in Invesco Preferred ETF during the fourth quarter valued at $116,000.

Invesco Preferred ETF Price Performance

NYSEARCA:PGX opened at $11.59 on Tuesday. Invesco Preferred ETF has a 52-week low of $11.23 and a 52-week high of $12.54. The stock has a fifty day moving average of $11.59 and a 200 day moving average of $11.90.

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.