Etesian Wealth Advisors Inc. cut its position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 11.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,967 shares of the company’s stock after selling 8,709 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Invesco Preferred ETF were worth $734,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of PGX. Brighton Jones LLC bought a new stake in Invesco Preferred ETF during the 4th quarter valued at $626,000. Farther Finance Advisors LLC raised its position in shares of Invesco Preferred ETF by 1,730.7% in the 1st quarter. Farther Finance Advisors LLC now owns 26,802 shares of the company’s stock worth $302,000 after acquiring an additional 25,338 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Invesco Preferred ETF by 27.3% in the 1st quarter. GAMMA Investing LLC now owns 35,246 shares of the company’s stock worth $395,000 after acquiring an additional 7,569 shares in the last quarter. Integrated Advisors Network LLC bought a new position in shares of Invesco Preferred ETF in the 1st quarter worth $267,000. Finally, Curbstone Financial Management Corp bought a new position in shares of Invesco Preferred ETF in the 1st quarter worth $241,000. 8.60% of the stock is owned by institutional investors.
Invesco Preferred ETF Price Performance
PGX opened at $11.58 on Friday. Invesco Preferred ETF has a 12 month low of $10.70 and a 12 month high of $12.52. The stock has a fifty day moving average price of $11.58 and a 200-day moving average price of $11.26.
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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