Sound Income Strategies LLC grew its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,044 shares of the company’s stock after purchasing an additional 906 shares during the period. Sound Income Strategies LLC’s holdings in Invesco Preferred ETF were worth $662,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in Invesco Preferred ETF by 10.2% in the second quarter. Commonwealth Equity Services LLC now owns 1,095,913 shares of the company’s stock worth $16,033,000 after buying an additional 101,633 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco Preferred ETF by 26.7% in the second quarter. LPL Financial LLC now owns 3,605,090 shares of the company’s stock worth $52,742,000 after purchasing an additional 759,063 shares in the last quarter. Lincoln National Corp bought a new stake in shares of Invesco Preferred ETF in the second quarter worth $191,000. Field & Main Bank lifted its position in shares of Invesco Preferred ETF by 6.5% in the second quarter. Field & Main Bank now owns 49,725 shares of the company’s stock worth $727,000 after purchasing an additional 3,050 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of Invesco Preferred ETF by 74.5% in the second quarter. Private Advisor Group LLC now owns 563,991 shares of the company’s stock worth $8,251,000 after purchasing an additional 240,832 shares in the last quarter.
Shares of PGX stock traded up $0.02 during trading on Friday, reaching $14.98. The company’s stock had a trading volume of 49,235 shares, compared to its average volume of 2,041,924. The business has a fifty day moving average price of $14.95 and a 200-day moving average price of $14.72. Invesco Preferred ETF has a one year low of $13.12 and a one year high of $15.05.
About Invesco Preferred ETF
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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