Friedenthal Financial lowered its position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 8.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,940 shares of the company’s stock after selling 2,680 shares during the period. Friedenthal Financial’s holdings in Invesco Preferred ETF were worth $325,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. bought a new position in shares of Invesco Preferred ETF in the 4th quarter valued at $26,000. Tower Research Capital LLC TRC lifted its position in shares of Invesco Preferred ETF by 52.7% during 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 in the last quarter. Strategic Investment Solutions Inc. IL raised its holdings in shares of Invesco Preferred ETF by 42.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 4,027 shares of the company’s stock worth $46,000 after purchasing an additional 1,191 shares during the period. Millstone Evans Group LLC bought a new stake in Invesco Preferred ETF during the 4th quarter valued at $50,000. Finally, Ameriflex Group Inc. bought a new stake in Invesco Preferred ETF during the 4th quarter valued at $91,000.
Invesco Preferred ETF Stock Up 0.3%
Invesco Preferred ETF stock opened at $11.05 on Thursday. Invesco Preferred ETF has a fifty-two week low of $10.70 and a fifty-two week high of $12.54. The firm’s fifty day moving average price is $10.99 and its 200-day moving average price is $11.36.
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.
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