CreativeOne Wealth LLC Makes New $142,000 Investment in Invesco Preferred ETF $PGX

CreativeOne Wealth LLC bought a new stake in Invesco Preferred ETF (NYSEARCA:PGX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,770 shares of the company’s stock, valued at approximately $142,000.

Several other institutional investors have also modified their holdings of PGX. Leading Edge Financial Planning LLC acquired a new stake in Invesco Preferred ETF during the second quarter worth about $154,000. Charles Schwab Trust Co grew its stake in shares of Invesco Preferred ETF by 116.1% in the 2nd quarter. Charles Schwab Trust Co now owns 244,667 shares of the company’s stock valued at $2,723,000 after buying an additional 131,429 shares during the period. Harbour Investments Inc. grew its stake in shares of Invesco Preferred ETF by 25.5% in the 1st quarter. Harbour Investments Inc. now owns 5,720 shares of the company’s stock valued at $64,000 after buying an additional 1,161 shares during the period. Belpointe Asset Management LLC increased its holdings in shares of Invesco Preferred ETF by 120.7% during the 1st quarter. Belpointe Asset Management LLC now owns 53,149 shares of the company’s stock worth $596,000 after buying an additional 29,066 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in shares of Invesco Preferred ETF during the 2nd quarter valued at approximately $420,000. Hedge funds and other institutional investors own 8.60% of the company’s stock.

Invesco Preferred ETF Trading Down 0.5%

PGX opened at $11.23 on Tuesday. Invesco Preferred ETF has a one year low of $10.70 and a one year high of $12.01. The business’s 50 day moving average price is $11.49 and its 200 day moving average price is $11.36.

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.