Investors Research Corp grew its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 8.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 363,580 shares of the company’s stock after purchasing an additional 29,175 shares during the period. Invesco Preferred ETF accounts for 1.0% of Investors Research Corp’s portfolio, making the stock its 19th biggest position. Investors Research Corp owned approximately 0.10% of Invesco Preferred ETF worth $4,490,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the stock. Strategic Investment Solutions Inc. IL bought a new stake in shares of Invesco Preferred ETF during the 2nd quarter worth $35,000. Eastern Bank acquired a new position in shares of Invesco Preferred ETF during the 3rd quarter valued at about $37,000. Consultiva Wealth Management CORP. bought a new position in Invesco Preferred ETF in the 1st quarter worth $96,000. Orrstown Financial Services Inc. bought a new stake in Invesco Preferred ETF during the 3rd quarter valued at approximately $124,000. Finally, Ellis Investment Partners LLC bought a new position in Invesco Preferred ETF during the third quarter worth $124,000.
Invesco Preferred ETF Price Performance
Shares of PGX stock traded up $0.03 during mid-day trading on Thursday, reaching $11.86. The stock had a trading volume of 284,463 shares, compared to its average volume of 3,355,811. Invesco Preferred ETF has a one year low of $10.84 and a one year high of $12.54. The firm’s 50 day simple moving average is $12.27 and its 200 day simple moving average is $11.90.
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.
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