Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its position in Invesco Preferred ETF (NYSEARCA:PGX) by 52.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,861 shares of the company’s stock after selling 38,259 shares during the quarter. Sigma Planning Corp’s holdings in Invesco Preferred ETF were worth $400,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC acquired a new position in Invesco Preferred ETF in the 3rd quarter worth $2,054,000. Raymond James & Associates lifted its holdings in Invesco Preferred ETF by 11.2% in the 4th quarter. Raymond James & Associates now owns 824,598 shares of the company’s stock worth $9,458,000 after buying an additional 83,095 shares in the last quarter. Capital Analysts LLC lifted its holdings in Invesco Preferred ETF by 91.4% in the 4th quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock worth $40,000 after buying an additional 1,655 shares in the last quarter. KG&L Capital Management LLC lifted its holdings in Invesco Preferred ETF by 18.7% in the 4th quarter. KG&L Capital Management LLC now owns 232,229 shares of the company’s stock worth $2,664,000 after buying an additional 36,625 shares in the last quarter. Finally, Garrett Wealth Advisory Group LLC lifted its holdings in Invesco Preferred ETF by 4.9% in the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 571,510 shares of the company’s stock worth $6,258,000 after buying an additional 26,614 shares in the last quarter.

Invesco Preferred ETF Stock Performance

Shares of PGX stock opened at $11.40 on Friday. Invesco Preferred ETF has a 12 month low of $10.14 and a 12 month high of $12.06. The company’s fifty day moving average price is $11.77 and its two-hundred day moving average price is $11.41.

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.