Raymond James Financial Services Advisors Inc. Reduces Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Raymond James Financial Services Advisors Inc. decreased its holdings in Invesco Preferred ETF (NYSEARCA:PGXGet Rating) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 969,590 shares of the company’s stock after selling 61,020 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 0.24% of Invesco Preferred ETF worth $10,840,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. DHK Financial Advisors Inc. raised its holdings in Invesco Preferred ETF by 1.9% in the 3rd quarter. DHK Financial Advisors Inc. now owns 48,143 shares of the company’s stock worth $572,000 after purchasing an additional 903 shares during the period. Apollon Wealth Management LLC increased its holdings in Invesco Preferred ETF by 9.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 12,089 shares of the company’s stock worth $144,000 after acquiring an additional 1,000 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in Invesco Preferred ETF by 9.4% in the 4th quarter. Silver Oak Securities Incorporated now owns 11,600 shares of the company’s stock worth $130,000 after acquiring an additional 1,000 shares in the last quarter. Proquility Private Wealth Partners LLC increased its holdings in Invesco Preferred ETF by 3.0% in the 3rd quarter. Proquility Private Wealth Partners LLC now owns 36,496 shares of the company’s stock worth $434,000 after acquiring an additional 1,062 shares in the last quarter. Finally, Equitable Holdings Inc. boosted its holdings in Invesco Preferred ETF by 9.7% in the 1st quarter. Equitable Holdings Inc. now owns 13,561 shares of the company’s stock worth $184,000 after buying an additional 1,198 shares during the period.

Invesco Preferred ETF Stock Up 0.1 %

Shares of Invesco Preferred ETF stock opened at $11.03 on Monday. The company has a fifty day moving average of $11.44 and a 200 day moving average of $11.74. Invesco Preferred ETF has a fifty-two week low of $10.80 and a fifty-two week high of $13.43.

Invesco Preferred ETF Profile

(Get Rating)

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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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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