Tudor Financial Inc. Has $1.71 Million Stake in Invesco Preferred ETF (NYSEARCA:PGX)

Tudor Financial Inc. trimmed its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 2.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 152,370 shares of the company’s stock after selling 3,725 shares during the quarter. Invesco Preferred ETF comprises 1.0% of Tudor Financial Inc.’s portfolio, making the stock its 26th biggest holding. Tudor Financial Inc.’s holdings in Invesco Preferred ETF were worth $1,710,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bernard Wealth Management Corp. acquired a new position in Invesco Preferred ETF during the fourth quarter worth $26,000. Roxbury Financial LLC acquired a new position in Invesco Preferred ETF during the fourth quarter worth $42,000. Tower Research Capital LLC TRC increased its position in Invesco Preferred ETF by 52.7% during the fourth 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. Strategic Investment Solutions Inc. IL increased its position in Invesco Preferred ETF by 42.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 4,027 shares of the company’s stock worth $46,000 after buying an additional 1,191 shares during the last quarter. Finally, Millstone Evans Group LLC acquired a new position in Invesco Preferred ETF during the fourth quarter worth $50,000.

Invesco Preferred ETF Price Performance

Invesco Preferred ETF stock opened at $11.00 on Friday. Invesco Preferred ETF has a one year low of $10.70 and a one year high of $12.54. The company’s fifty day moving average price is $10.99 and its two-hundred day moving average price is $11.39.

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.