Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by UP Strategic Wealth Investment Advisors LLC

UP Strategic Wealth Investment Advisors LLC decreased its position in Invesco Preferred ETF (NYSEARCA:PGX) by 17.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,764 shares of the company’s stock after selling 2,413 shares during the quarter. UP Strategic Wealth Investment Advisors LLC’s holdings in Invesco Preferred ETF were worth $136,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL grew its position in shares of Invesco Preferred ETF by 42.0% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 4,027 shares of the company’s stock valued at $46,000 after purchasing an additional 1,191 shares during the period. Tower Research Capital LLC TRC boosted its stake in Invesco Preferred ETF by 52.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,940 shares of the company’s stock worth $45,000 after buying an additional 1,360 shares during the last quarter. Beam Wealth Advisors Inc. grew its holdings in Invesco Preferred ETF by 1.3% in the 4th quarter. Beam Wealth Advisors Inc. now owns 106,368 shares of the company’s stock valued at $1,226,000 after buying an additional 1,376 shares during the period. Sax Wealth Advisors LLC grew its holdings in Invesco Preferred ETF by 7.0% in the 4th quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock valued at $253,000 after buying an additional 1,440 shares during the period. Finally, Kovack Advisors Inc. increased its stake in shares of Invesco Preferred ETF by 16.0% during the 4th quarter. Kovack Advisors Inc. now owns 12,093 shares of the company’s stock valued at $139,000 after acquiring an additional 1,672 shares during the last quarter.

Invesco Preferred ETF Price Performance

PGX opened at $11.07 on Friday. Invesco Preferred ETF has a 1 year low of $10.70 and a 1 year high of $12.54. The company’s 50 day simple moving average is $11.32 and its 200 day simple moving average is $11.67.

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.