Carnegie Capital Asset Management LLC Trims Stock Position in Invesco Preferred ETF (NYSEARCA:PGX)

Carnegie Capital Asset Management LLC cut its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,577 shares of the company’s stock after selling 2,613 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in Invesco Preferred ETF were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Invesco Preferred ETF by 8,789.3% in the 3rd quarter. FMR LLC now owns 2,489 shares of the company’s stock worth $27,000 after purchasing an additional 2,461 shares during the period. Ambassador Advisors LLC raised its holdings in shares of Invesco Preferred ETF by 168.3% in the 1st quarter. Ambassador Advisors LLC now owns 2,688 shares of the company’s stock worth $30,000 after purchasing an additional 1,686 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Invesco Preferred ETF by 148.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,800 shares of the company’s stock worth $32,000 after purchasing an additional 1,675 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of Invesco Preferred ETF in the fourth quarter valued at about $32,000. Finally, Gradient Investments LLC grew its stake in shares of Invesco Preferred ETF by 102.9% in the fourth quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after buying an additional 1,397 shares in the last quarter.

Invesco Preferred ETF Trading Up 0.6 %

PGX stock opened at $11.37 on Thursday. Invesco Preferred ETF has a 1 year low of $10.14 and a 1 year high of $12.06. The stock has a 50-day simple moving average of $11.82 and a 200-day simple moving average of $11.38.

Invesco Preferred ETF Company Profile

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.