NewSquare Capital LLC Acquires 4,265 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

NewSquare Capital LLC grew its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 6.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,817 shares of the company’s stock after buying an additional 4,265 shares during the quarter. NewSquare Capital LLC’s holdings in Invesco Preferred ETF were worth $812,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in Invesco Preferred ETF in the 4th quarter valued at $32,000. Gradient Investments LLC raised its position in shares of Invesco Preferred ETF by 102.9% in the 4th quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after buying an additional 1,397 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Invesco Preferred ETF during the 4th quarter worth $34,000. Capital Analysts LLC increased its holdings in shares of Invesco Preferred ETF by 91.4% during the fourth quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock worth $40,000 after buying an additional 1,655 shares in the last quarter. Finally, Trifecta Capital Advisors LLC bought a new position in Invesco Preferred ETF in the fourth quarter valued at about $69,000.

Invesco Preferred ETF Stock Performance

Shares of Invesco Preferred ETF stock traded down $0.01 during trading on Wednesday, hitting $11.52. The company’s stock had a trading volume of 2,127,513 shares, compared to its average volume of 3,789,479. The stock has a 50-day moving average price of $11.79 and a two-hundred day moving average price of $11.41. Invesco Preferred ETF has a 52 week low of $10.14 and a 52 week high of $12.06.

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.