Cary Street Partners Financial LLC Acquires Shares of 132,460 Invesco Preferred ETF (NYSEARCA:PGX)

Cary Street Partners Financial LLC bought a new stake in Invesco Preferred ETF (NYSEARCA:PGX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 132,460 shares of the company’s stock, valued at approximately $1,527,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bernard Wealth Management Corp. bought a new position in Invesco Preferred ETF during the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in Invesco Preferred ETF in the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco Preferred ETF by 299.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares during the last quarter. Kentucky Trust Co acquired a new stake in Invesco Preferred ETF during the fourth quarter valued at approximately $36,000. Finally, Roxbury Financial LLC bought a new position in Invesco Preferred ETF during the 4th quarter worth approximately $42,000.

Invesco Preferred ETF Trading Up 0.2 %

Shares of NYSEARCA PGX opened at $11.09 on Thursday. Invesco Preferred ETF has a twelve month low of $10.70 and a twelve month high of $12.54. The business has a 50 day simple moving average of $11.21 and a 200-day simple moving average of $11.58.

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.