Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Shepherd Kaplan Krochuk LLC

Shepherd Kaplan Krochuk LLC lowered its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 151,129 shares of the company’s stock after selling 13,307 shares during the quarter. Invesco Preferred ETF makes up approximately 1.5% of Shepherd Kaplan Krochuk LLC’s holdings, making the stock its 26th biggest holding. Shepherd Kaplan Krochuk LLC’s holdings in Invesco Preferred ETF were worth $1,743,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bernard Wealth Management Corp. purchased a new position in Invesco Preferred ETF during the fourth quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Invesco Preferred ETF by 299.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after acquiring an additional 2,093 shares during the period. Kentucky Trust Co purchased a new position in shares of Invesco Preferred ETF in the 4th quarter valued at $36,000. Roxbury Financial LLC purchased a new position in shares of Invesco Preferred ETF in the 4th quarter valued at $42,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of 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 valued at $45,000 after acquiring an additional 1,360 shares during the period.

Invesco Preferred ETF Price Performance

Shares of PGX stock opened at $11.07 on Friday. The company’s fifty day simple moving average is $11.15 and its 200-day simple moving average is $11.53. Invesco Preferred ETF has a 52 week low of $10.70 and a 52 week high of $12.54.

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.