Carlton Hofferkamp & Jenks Wealth Management LLC Grows Stake in Invesco Preferred ETF (NYSEARCA:PGX)


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Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 35.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,720 shares of the company’s stock after buying an additional 5,170 shares during the quarter. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $298,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in PGX. Fundamentun LLC lifted its stake in shares of Invesco Preferred ETF by 2.4% in the 1st quarter. Fundamentun LLC now owns 29,316 shares of the company’s stock valued at $440,000 after purchasing an additional 689 shares during the period. Guidance Point Advisors LLC lifted its position in Invesco Preferred ETF by 4.3% in the fourth quarter. Guidance Point Advisors LLC now owns 17,052 shares of the company’s stock valued at $260,000 after buying an additional 700 shares during the last quarter. IFG Advisory LLC lifted its position in Invesco Preferred ETF by 5.3% in the fourth quarter. IFG Advisory LLC now owns 14,851 shares of the company’s stock valued at $226,000 after buying an additional 754 shares during the last quarter. Prospera Financial Services Inc lifted its position in shares of Invesco Preferred ETF by 3.8% during the fourth quarter. Prospera Financial Services Inc now owns 21,664 shares of the company’s stock worth $330,000 after purchasing an additional 800 shares in the last quarter. Finally, Toth Financial Advisory Corp lifted its position in shares of Invesco Preferred ETF by 0.4% during the first quarter. Toth Financial Advisory Corp now owns 240,199 shares of the company’s stock worth $3,603,000 after purchasing an additional 895 shares in the last quarter.

NYSEARCA:PGX remained flat at $$15.09 during mid-day trading on Tuesday. 29,330 shares of the company traded hands, compared to its average volume of 4,069,427. The firm’s fifty day simple moving average is $15.02 and its 200-day simple moving average is $14.97. Invesco Preferred ETF has a 52-week low of $13.68 and a 52-week high of $15.28.

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

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