Accel Wealth Management Sells 6,985 Shares of Invesco Preferred ETF $PGX

Accel Wealth Management lessened its position in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) by 14.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,742 shares of the company’s stock after selling 6,985 shares during the period. Accel Wealth Management’s holdings in Invesco Preferred ETF were worth $476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PGX. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Invesco Preferred ETF during the 1st quarter worth approximately $9,537,000. Goldman Sachs Group Inc. increased its holdings in Invesco Preferred ETF by 57.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,874,427 shares of the company’s stock worth $21,031,000 after acquiring an additional 683,754 shares during the period. LPL Financial LLC increased its holdings in Invesco Preferred ETF by 3.3% during the 1st quarter. LPL Financial LLC now owns 15,193,057 shares of the company’s stock worth $170,466,000 after acquiring an additional 486,697 shares during the period. Exchange Traded Concepts LLC bought a new stake in Invesco Preferred ETF during the 2nd quarter worth approximately $4,964,000. Finally, Jane Street Group LLC increased its holdings in Invesco Preferred ETF by 181.6% during the 1st quarter. Jane Street Group LLC now owns 420,120 shares of the company’s stock worth $4,714,000 after acquiring an additional 270,939 shares during the period. Institutional investors own 8.60% of the company’s stock.

Invesco Preferred ETF Stock Down 0.3%

Invesco Preferred ETF stock opened at $11.70 on Friday. The firm’s 50 day simple moving average is $11.55 and its 200 day simple moving average is $11.25. Invesco Preferred ETF has a 1-year low of $10.70 and a 1-year high of $12.52.

About Invesco Preferred ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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