199,375 Shares in Invesco Preferred ETF (NYSEARCA:PGX) Acquired by Bard Financial Services Inc.


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Bard Financial Services Inc. purchased a new stake in Invesco Preferred ETF (NYSEARCA:PGX) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 199,375 shares of the company’s stock, valued at approximately $3,042,000.

Other hedge funds have also modified their holdings of the company. HM Payson & Co. boosted its holdings in shares of Invesco Preferred ETF by 121.5% in the 3rd quarter. HM Payson & Co. now owns 1,794 shares of the company’s stock valued at $26,000 after buying an additional 984 shares during the period. FMR LLC boosted its holdings in shares of Invesco Preferred ETF by 517.1% in the 1st quarter. FMR LLC now owns 2,018 shares of the company’s stock valued at $29,000 after buying an additional 1,691 shares during the period. Sterling Financial Planning Inc. acquired a new position in shares of Invesco Preferred ETF in the 4th quarter valued at about $34,000. SOA Wealth Advisors LLC. acquired a new position in shares of Invesco Preferred ETF in the 4th quarter valued at about $37,000. Finally, Salem Investment Counselors Inc. acquired a new position in shares of Invesco Preferred ETF in the 4th quarter valued at about $40,000.

NYSEARCA PGX opened at $15.13 on Thursday. The company has a 50-day simple moving average of $14.83 and a 200-day simple moving average of $14.94. Invesco Preferred ETF has a one year low of $13.19 and a one year high of $15.28.

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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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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