Private Trust Co. NA Boosts Position in Invesco Preferred ETF (NYSEARCA:PGX)

Private Trust Co. NA boosted its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,934 shares of the company’s stock after acquiring an additional 1,974 shares during the quarter. Private Trust Co. NA’s holdings in Invesco Preferred ETF were worth $483,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Invesco Preferred ETF during the third quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after purchasing an additional 2,093 shares during the period. Kentucky Trust Co bought a new stake in Invesco Preferred ETF during the fourth quarter valued at about $36,000. Roxbury Financial LLC bought a new stake in Invesco Preferred ETF during the fourth quarter valued at about $42,000. Finally, Benjamin Edwards Inc. bought a new stake in Invesco Preferred ETF during the third quarter valued at about $127,000.

Invesco Preferred ETF Price Performance

NYSEARCA:PGX opened at $11.68 on Monday. The stock has a 50-day simple moving average of $11.59 and a two-hundred day simple moving average of $11.93. Invesco Preferred ETF has a 52-week low of $11.23 and a 52-week high of $12.54.

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.