Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Bank of New Hampshire

Bank of New Hampshire decreased its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 6.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,800 shares of the company’s stock after selling 950 shares during the quarter. Bank of New Hampshire’s holdings in Invesco Preferred ETF were worth $159,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Raymond James & Associates raised its stake in Invesco Preferred ETF by 11.2% during the fourth quarter. Raymond James & Associates now owns 824,598 shares of the company’s stock valued at $9,458,000 after buying an additional 83,095 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in Invesco Preferred ETF by 42.8% during the fourth quarter. Pinnacle Associates Ltd. now owns 26,624 shares of the company’s stock valued at $305,000 after buying an additional 7,981 shares in the last quarter. UMB Bank n.a. acquired a new stake in Invesco Preferred ETF during the fourth quarter valued at approximately $104,000. International Assets Investment Management LLC acquired a new stake in Invesco Preferred ETF during the fourth quarter valued at approximately $5,110,000. Finally, Arkadios Wealth Advisors bought a new position in shares of Invesco Preferred ETF during the fourth quarter valued at approximately $128,000.

Invesco Preferred ETF Stock Up 0.1 %

Shares of NYSEARCA:PGX traded up $0.01 during trading on Friday, hitting $11.70. 4,653,945 shares of the company traded hands, compared to its average volume of 3,461,781. The business’s fifty day moving average is $11.63 and its 200-day moving average is $11.68. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.06.

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.