Cambridge Investment Research Advisors Inc. Sells 32,739 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Cambridge Investment Research Advisors Inc. cut its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 3.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 872,548 shares of the company’s stock after selling 32,739 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.23% of Invesco Preferred ETF worth $10,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cohen & Steers Inc. lifted its holdings in shares of Invesco Preferred ETF by 1,074,842.8% during the fourth quarter. Cohen & Steers Inc. now owns 6,707,643 shares of the company’s stock valued at $76,937,000 after purchasing an additional 6,707,019 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in Invesco Preferred ETF by 2,034.9% during the 2nd quarter. Apollon Wealth Management LLC now owns 2,439,962 shares of the company’s stock valued at $28,182,000 after acquiring an additional 2,325,672 shares during the period. Spectrum Asset Management Inc. boosted its holdings in shares of Invesco Preferred ETF by 30.2% during the 4th quarter. Spectrum Asset Management Inc. now owns 3,694,150 shares of the company’s stock valued at $42,376,000 after acquiring an additional 857,423 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Invesco Preferred ETF by 3,516.3% during the 4th quarter. Principal Financial Group Inc. now owns 602,725 shares of the company’s stock valued at $6,913,000 after acquiring an additional 586,058 shares during the last quarter. Finally, Advisors Preferred LLC grew its position in Invesco Preferred ETF by 155.1% in the 1st quarter. Advisors Preferred LLC now owns 865,646 shares of the company’s stock worth $10,293,000 after purchasing an additional 526,338 shares during the period.

Invesco Preferred ETF Trading Up 0.2 %

NYSEARCA:PGX traded up $0.02 on Tuesday, hitting $12.00. The stock had a trading volume of 4,195,396 shares, compared to its average volume of 3,468,888. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.06. The business’s 50-day simple moving average is $11.71 and its two-hundred day simple moving average is $11.69.

Invesco Preferred ETF Company Profile

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.