Invesco Preferred ETF (NYSEARCA:PGX) Stock Holdings Decreased by Kades & Cheifetz LLC

Kades & Cheifetz LLC lowered its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 9.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 241,109 shares of the company’s stock after selling 24,370 shares during the period. Invesco Preferred ETF accounts for approximately 1.4% of Kades & Cheifetz LLC’s holdings, making the stock its 21st biggest holding. Kades & Cheifetz LLC’s holdings in Invesco Preferred ETF were worth $2,780,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of PGX. Principal Financial Group Inc. acquired a new position in shares of Invesco Preferred ETF in the 2nd quarter valued at about $149,000. One Capital Management LLC boosted its stake in Invesco Preferred ETF by 1,520.1% during the 2nd quarter. One Capital Management LLC now owns 353,016 shares of the company’s stock valued at $4,077,000 after purchasing an additional 331,226 shares during the period. Perennial Investment Advisors LLC boosted its stake in Invesco Preferred ETF by 220.7% during the 2nd quarter. Perennial Investment Advisors LLC now owns 36,302 shares of the company’s stock valued at $419,000 after purchasing an additional 24,983 shares during the period. Blair William & Co. IL boosted its stake in Invesco Preferred ETF by 11.3% during the 2nd quarter. Blair William & Co. IL now owns 395,233 shares of the company’s stock valued at $4,565,000 after purchasing an additional 39,993 shares during the period. Finally, SkyOak Wealth LLC boosted its stake in Invesco Preferred ETF by 52.4% during the 2nd quarter. SkyOak Wealth LLC now owns 19,778 shares of the company’s stock valued at $228,000 after purchasing an additional 6,798 shares during the period.

Invesco Preferred ETF Trading Down 0.6 %

Invesco Preferred ETF stock traded down $0.07 during midday trading on Monday, reaching $11.27. 10,086,376 shares of the stock traded hands, compared to its average volume of 8,457,910. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two week high of $12.54. The firm has a fifty day moving average price of $11.82 and a two-hundred day moving average price of $11.95.

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.