Arete Wealth Advisors LLC acquired a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 65,497 shares of the company’s stock, valued at approximately $752,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Integrated Wealth Concepts LLC lifted its position in Invesco Preferred ETF by 70.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 358,516 shares of the company’s stock valued at $4,008,000 after purchasing an additional 147,726 shares during the period. BlueCrest Capital Management Ltd acquired a new position in Invesco Preferred ETF during the first quarter valued at $1,453,000. Advisors Management Group Inc. ADV acquired a new position in Invesco Preferred ETF during the first quarter valued at $12,555,000. Advisor Group Holdings Inc. lifted its position in Invesco Preferred ETF by 3.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,103,999 shares of the company’s stock valued at $23,524,000 after purchasing an additional 79,917 shares during the period. Finally, BerganKDV Wealth Management LLC lifted its position in Invesco Preferred ETF by 100.8% during the first quarter. BerganKDV Wealth Management LLC now owns 5,507 shares of the company’s stock valued at $63,000 after purchasing an additional 2,765 shares during the period.
Invesco Preferred ETF Stock Performance
NYSEARCA PGX opened at $11.17 on Friday. The company has a fifty day moving average of $11.20 and a 200 day moving average of $11.33. Invesco Preferred ETF has a 1 year low of $10.80 and a 1 year high of $12.81.
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.
Featured Articles
- Five stocks we like better than Invesco Preferred ETF
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
- How to Capture the Benefits of Dividend Increases
- 3 Reasons Price Weakness Is a Buying Opportunity For Lennar
- 3 REITs to Buy and Hold for the Long Term
- Name A Better Trio Than These Underrated High Potential Stocks
Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
