Massmutual Trust Co. FSB ADV Purchases 15,475 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Massmutual Trust Co. FSB ADV grew its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX – Get Rating) by 89.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,682 shares of the company’s stock after purchasing an additional 15,475 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Invesco Preferred ETF were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. DHK Financial Advisors Inc. raised its holdings in shares of Invesco Preferred ETF by 1.9% during the third quarter. DHK Financial Advisors Inc. now owns 48,143 shares of the company’s stock valued at $572,000 after purchasing an additional 903 shares during the period. Apollon Wealth Management LLC raised its holdings in shares of Invesco Preferred ETF by 9.0% during the third quarter. Apollon Wealth Management LLC now owns 12,089 shares of the company’s stock valued at $144,000 after purchasing an additional 1,000 shares during the period. Sanchez Wealth Management Group raised its holdings in shares of Invesco Preferred ETF by 2.3% during the third quarter. Sanchez Wealth Management Group now owns 45,259 shares of the company’s stock valued at $538,000 after purchasing an additional 1,009 shares during the period. Proquility Private Wealth Partners LLC raised its holdings in shares of Invesco Preferred ETF by 3.0% during the third quarter. Proquility Private Wealth Partners LLC now owns 36,496 shares of the company’s stock valued at $434,000 after purchasing an additional 1,062 shares during the period. Finally, Equitable Holdings Inc. raised its holdings in shares of Invesco Preferred ETF by 9.7% during the first quarter. Equitable Holdings Inc. now owns 13,561 shares of the company’s stock valued at $184,000 after purchasing an additional 1,198 shares during the period.

Invesco Preferred ETF Stock Performance

PGX opened at $11.25 on Friday. Invesco Preferred ETF has a fifty-two week low of $10.93 and a fifty-two week high of $13.57. The company’s 50-day moving average is $12.19 and its 200 day moving average is $11.87.

About Invesco Preferred ETF

(Get Rating)

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.