Allworth Financial LP Sells 1,079,063 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Allworth Financial LP cut its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 30.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,509,198 shares of the company’s stock after selling 1,079,063 shares during the period. Allworth Financial LP’s holdings in Invesco Preferred ETF were worth $29,232,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of PGX. Wilmington Savings Fund Society FSB bought a new position in Invesco Preferred ETF in the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Invesco Preferred ETF by 299.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares during the last quarter. Kentucky Trust Co bought a new position in Invesco Preferred ETF in the 4th quarter valued at $36,000. Eastern Bank bought a new position in Invesco Preferred ETF in the 3rd quarter valued at $37,000. Finally, Roxbury Financial LLC bought a new position in Invesco Preferred ETF in the 4th quarter valued at $42,000.

Invesco Preferred ETF Trading Up 0.5 %

Shares of PGX opened at $11.69 on Friday. The business’s fifty day moving average price is $11.62 and its two-hundred day moving average price is $11.93. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54.

Invesco Preferred ETF 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.