Geneos Wealth Management Inc. Increases Stock Position in Invesco Preferred ETF (NYSEARCA:PGX)

Geneos Wealth Management Inc. grew its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 12.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 271,062 shares of the company’s stock after buying an additional 29,599 shares during the period. Geneos Wealth Management Inc. owned 0.07% of Invesco Preferred ETF worth $3,220,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Citigroup Inc. increased its position in shares of Invesco Preferred ETF by 9.2% in the 3rd quarter. Citigroup Inc. now owns 38,046 shares of the company’s stock worth $417,000 after purchasing an additional 3,202 shares during the last quarter. Modera Wealth Management LLC grew its position in Invesco Preferred ETF by 4.2% in the 3rd quarter. Modera Wealth Management LLC now owns 21,802 shares of the company’s stock worth $239,000 after purchasing an additional 877 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in Invesco Preferred ETF by 11.2% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 24,767 shares of the company’s stock worth $284,000 after purchasing an additional 2,487 shares during the last quarter. First Hawaiian Bank grew its position in Invesco Preferred ETF by 4.6% in the 4th quarter. First Hawaiian Bank now owns 309,421 shares of the company’s stock worth $3,549,000 after purchasing an additional 13,730 shares during the last quarter. Finally, Traverso Chambers Private Wealth Management LLC grew its position in Invesco Preferred ETF by 2.3% in the 4th quarter. Traverso Chambers Private Wealth Management LLC now owns 577,155 shares of the company’s stock worth $6,620,000 after purchasing an additional 12,902 shares during the last quarter.

Invesco Preferred ETF Price Performance

NYSEARCA PGX traded up $0.13 on Thursday, hitting $11.78. The stock had a trading volume of 7,196,084 shares, compared to its average volume of 3,471,151. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.06. The company’s 50-day moving average is $11.57 and its two-hundred day moving average is $11.66.

Invesco Preferred ETF Company 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.