Northstar Advisory Group LLC Sells 1,005 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Northstar Advisory Group LLC trimmed its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,998 shares of the company’s stock after selling 1,005 shares during the period. Northstar Advisory Group LLC’s holdings in Invesco Preferred ETF were worth $401,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PGX. FMR LLC boosted its position in Invesco Preferred ETF by 8,789.3% in the 3rd quarter. FMR LLC now owns 2,489 shares of the company’s stock valued at $27,000 after buying an additional 2,461 shares during the period. Ambassador Advisors LLC lifted its position in shares of Invesco Preferred ETF by 168.3% in the 1st quarter. Ambassador Advisors LLC now owns 2,688 shares of the company’s stock worth $30,000 after purchasing an additional 1,686 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Invesco Preferred ETF by 148.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,800 shares of the company’s stock worth $32,000 after purchasing an additional 1,675 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of Invesco Preferred ETF in the 4th quarter worth approximately $32,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Invesco Preferred ETF in the 2nd quarter worth approximately $34,000.

Invesco Preferred ETF Stock Up 0.3 %

Shares of PGX opened at $11.99 on Thursday. The company has a 50 day moving average price of $11.83 and a 200-day moving average price of $11.31. Invesco Preferred ETF has a fifty-two week low of $10.14 and a fifty-two week high of $12.06.

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.