Invesco Preferred ETF (NYSEARCA:PGX) Position Lowered by OLD National Bancorp IN

OLD National Bancorp IN trimmed its position in Invesco Preferred ETF (NYSEARCA:PGX) by 6.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,923 shares of the company’s stock after selling 3,694 shares during the period. OLD National Bancorp IN’s holdings in Invesco Preferred ETF were worth $583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pines Wealth Management LLC lifted its holdings in Invesco Preferred ETF by 11.2% during the 1st quarter. Pines Wealth Management LLC now owns 33,706 shares of the company’s stock worth $368,000 after buying an additional 3,386 shares during the last quarter. Edge Wealth Management LLC raised its position in shares of Invesco Preferred ETF by 7.9% during the 1st quarter. Edge Wealth Management LLC now owns 30,145 shares of the company’s stock valued at $338,000 after acquiring an additional 2,196 shares in the last quarter. RFG Advisory LLC raised its position in shares of Invesco Preferred ETF by 12.7% during the 1st quarter. RFG Advisory LLC now owns 550,221 shares of the company’s stock valued at $6,173,000 after acquiring an additional 62,001 shares in the last quarter. NBC Securities Inc. lifted its stake in Invesco Preferred ETF by 110,046.9% during the first quarter. NBC Securities Inc. now owns 35,247 shares of the company’s stock worth $395,000 after purchasing an additional 35,215 shares during the last quarter. Finally, Investors Research Corp lifted its stake in Invesco Preferred ETF by 12.1% during the first quarter. Investors Research Corp now owns 443,852 shares of the company’s stock worth $4,980,000 after purchasing an additional 47,990 shares during the last quarter.

Invesco Preferred ETF Price Performance

Invesco Preferred ETF stock opened at $11.02 on Tuesday. Invesco Preferred ETF has a 12 month low of $10.70 and a 12 month high of $12.54. The company has a fifty day moving average price of $11.00 and a two-hundred day moving average price of $11.41.

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.