Wagner Wealth Management LLC grew its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,293 shares of the company’s stock after buying an additional 3,476 shares during the quarter. Wagner Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $730,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Allworth Financial LP lifted its position in shares of Invesco Preferred ETF by 4.3% in the 3rd quarter. Allworth Financial LP now owns 3,588,261 shares of the company’s stock worth $44,315,000 after buying an additional 148,476 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Invesco Preferred ETF by 71.6% during the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after acquiring an additional 746,783 shares during the period. ACT Advisors LLC. bought a new position in Invesco Preferred ETF in the third quarter worth about $17,368,000. Advisors Management Group Inc. ADV boosted its stake in Invesco Preferred ETF by 3.8% in the fourth quarter. Advisors Management Group Inc. ADV now owns 1,288,642 shares of the company’s stock valued at $14,858,000 after acquiring an additional 47,652 shares during the period. Finally, Stifel Financial Corp grew its holdings in shares of Invesco Preferred ETF by 6.8% during the third quarter. Stifel Financial Corp now owns 951,769 shares of the company’s stock valued at $11,754,000 after purchasing an additional 60,601 shares during the last quarter.
Invesco Preferred ETF Stock Performance
Shares of PGX opened at $11.57 on Monday. Invesco Preferred ETF has a 12 month low of $11.23 and a 12 month high of $12.54. The stock has a fifty day moving average price of $11.65 and a 200 day moving average price of $11.93.
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.
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