Consolidated Portfolio Review Corp Has $199,000 Stock Position in Invesco Preferred ETF $PGX

Consolidated Portfolio Review Corp cut its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 5.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 17,850 shares of the company’s stock after selling 1,000 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Invesco Preferred ETF were worth $199,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. WealthPlan Investment Management LLC lifted its position in shares of Invesco Preferred ETF by 7.0% during the 1st quarter. WealthPlan Investment Management LLC now owns 16,047 shares of the company’s stock valued at $180,000 after acquiring an additional 1,045 shares during the period. Northstar Advisory Group LLC increased its stake in Invesco Preferred ETF by 3.4% in the first quarter. Northstar Advisory Group LLC now owns 32,333 shares of the company’s stock valued at $363,000 after purchasing an additional 1,066 shares in the last quarter. Argus Investors Counsel Inc. raised its holdings in shares of Invesco Preferred ETF by 2.6% during the first quarter. Argus Investors Counsel Inc. now owns 43,169 shares of the company’s stock valued at $484,000 after purchasing an additional 1,080 shares during the period. Harbour Investments Inc. raised its holdings in shares of Invesco Preferred ETF by 25.5% during the first quarter. Harbour Investments Inc. now owns 5,720 shares of the company’s stock valued at $64,000 after purchasing an additional 1,161 shares during the period. Finally, Avantax Advisory Services Inc. boosted its position in shares of Invesco Preferred ETF by 3.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 36,531 shares of the company’s stock worth $410,000 after purchasing an additional 1,345 shares in the last quarter. 8.60% of the stock is currently owned by institutional investors.

Invesco Preferred ETF Stock Down 0.1%

Shares of Invesco Preferred ETF stock opened at $11.73 on Friday. Invesco Preferred ETF has a one year low of $10.70 and a one year high of $12.52. The business has a 50-day simple moving average of $11.54 and a 200 day simple moving average of $11.25.

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.