Consolidated Portfolio Review Corp Purchases 1,609 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Consolidated Portfolio Review Corp boosted its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 9.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,850 shares of the company’s stock after buying an additional 1,609 shares during the period. Consolidated Portfolio Review Corp’s holdings in Invesco Preferred ETF were worth $211,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PGX. First Trust Advisors LP acquired a new stake in shares of Invesco Preferred ETF during the 4th quarter worth approximately $110,748,000. Bank of America Corp DE lifted its stake in Invesco Preferred ETF by 14.9% during the fourth quarter. Bank of America Corp DE now owns 63,414,625 shares of the company’s stock worth $731,171,000 after purchasing an additional 8,205,825 shares during the last quarter. Cohen & Steers Inc. boosted its holdings in shares of Invesco Preferred ETF by 2,643,140.2% in the 4th quarter. Cohen & Steers Inc. now owns 4,995,724 shares of the company’s stock valued at $57,601,000 after purchasing an additional 4,995,535 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco Preferred ETF in the 4th quarter valued at $29,537,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Invesco Preferred ETF by 131.9% in the 4th quarter. JPMorgan Chase & Co. now owns 4,148,592 shares of the company’s stock valued at $47,833,000 after purchasing an additional 2,359,356 shares during the last quarter.

Invesco Preferred ETF Stock Performance

PGX opened at $11.07 on Thursday. The company’s 50 day moving average is $11.01 and its 200-day moving average is $11.33. Invesco Preferred ETF has a 1-year low of $10.70 and a 1-year high of $12.54.

Invesco Preferred ETF 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.