Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Old Port Advisors

Old Port Advisors reduced its position in Invesco Preferred ETF (NYSEARCA:PGX) by 27.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 21,883 shares of the company’s stock after selling 8,278 shares during the period. Old Port Advisors’ holdings in Invesco Preferred ETF were worth $260,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. DHK Financial Advisors Inc. lifted its position in Invesco Preferred ETF by 1.8% during the 4th quarter. DHK Financial Advisors Inc. now owns 52,189 shares of the company’s stock worth $599,000 after acquiring an additional 922 shares during the period. Capital Investment Advisory Services LLC grew its position in Invesco Preferred ETF by 13.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,467 shares of the company’s stock valued at $97,000 after buying an additional 1,003 shares during the last quarter. Brighton Jones LLC increased its stake in Invesco Preferred ETF by 2.0% in the 4th quarter. Brighton Jones LLC now owns 54,139 shares of the company’s stock valued at $621,000 after buying an additional 1,077 shares during the period. D.A. Davidson & CO. raised its position in Invesco Preferred ETF by 1.7% during the 4th quarter. D.A. Davidson & CO. now owns 75,587 shares of the company’s stock worth $867,000 after buying an additional 1,268 shares during the last quarter. Finally, Cherry Tree Wealth Management LLC lifted its stake in shares of Invesco Preferred ETF by 0.3% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 499,824 shares of the company’s stock worth $5,938,000 after acquiring an additional 1,315 shares during the period.

Invesco Preferred ETF Trading Up 0.1 %

NYSEARCA:PGX traded up $0.01 during trading hours on Friday, hitting $11.70. The company’s stock had a trading volume of 4,653,945 shares, compared to its average volume of 3,461,781. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.06. The business’s 50-day moving average is $11.63 and its two-hundred day moving average is $11.68.

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.