Invesco Preferred ETF (NYSEARCA:PGX) Holdings Raised by Sound Income Strategies LLC

Sound Income Strategies LLC lifted its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 3.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 452,759 shares of the company’s stock after purchasing an additional 14,814 shares during the quarter. Sound Income Strategies LLC’s holdings in Invesco Preferred ETF were worth $5,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of PGX. Allworth Financial LP lifted its holdings in shares of Invesco Preferred ETF by 4.3% in the third quarter. Allworth Financial LP now owns 3,588,261 shares of the company’s stock valued at $44,315,000 after purchasing an additional 148,476 shares in the last quarter. JPMorgan Chase & Co. raised its position in Invesco Preferred ETF by 71.6% during the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock valued at $22,097,000 after buying an additional 746,783 shares during the period. ACT Advisors LLC. purchased a new stake in Invesco Preferred ETF in the 3rd quarter worth about $17,368,000. Advisors Management Group Inc. ADV boosted its position in Invesco Preferred ETF by 3.8% during the 4th quarter. Advisors Management Group Inc. ADV now owns 1,288,642 shares of the company’s stock worth $14,858,000 after acquiring an additional 47,652 shares during the period. Finally, Marshall Wace LLP grew its stake in Invesco Preferred ETF by 2.5% during the 2nd quarter. Marshall Wace LLP now owns 960,800 shares of the company’s stock valued at $11,097,000 after acquiring an additional 23,600 shares in the last quarter.

Invesco Preferred ETF Trading Down 0.2 %

Shares of PGX opened at $11.63 on Friday. The business’s 50-day moving average is $11.72 and its 200-day moving average is $11.94. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two week high of $12.54.

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.