Tradewinds Capital Management LLC Acquires 34,079 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Tradewinds Capital Management LLC boosted its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 15,146.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,304 shares of the company’s stock after acquiring an additional 34,079 shares during the quarter. Tradewinds Capital Management LLC’s holdings in Invesco Preferred ETF were worth $396,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco Preferred ETF during the third quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Invesco Preferred ETF by 299.0% during 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 in the last quarter. Kentucky Trust Co purchased a new stake in Invesco Preferred ETF in the 4th quarter valued at about $36,000. Eastern Bank bought a new position in Invesco Preferred ETF in the 3rd quarter worth about $37,000. Finally, Roxbury Financial LLC bought a new position in Invesco Preferred ETF in the 4th quarter worth about $42,000.

Invesco Preferred ETF Price Performance

Invesco Preferred ETF stock opened at $11.60 on Friday. The company has a 50 day moving average price of $11.59 and a 200-day moving average price of $11.93. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two 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.