Oxbow Advisors LLC Has $303,000 Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Oxbow Advisors LLC grew its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,544 shares of the company’s stock after acquiring an additional 2,050 shares during the period. Oxbow Advisors LLC’s holdings in Invesco Preferred ETF were worth $303,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Comerica Bank grew its position in shares of Invesco Preferred ETF by 28.3% during the 1st quarter. Comerica Bank now owns 177,530 shares of the company’s stock worth $2,109,000 after purchasing an additional 39,126 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in Invesco Preferred ETF by 16.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 211,020 shares of the company’s stock worth $2,507,000 after acquiring an additional 29,756 shares during the period. CreativeOne Wealth LLC raised its holdings in Invesco Preferred ETF by 91.1% in the 1st quarter. CreativeOne Wealth LLC now owns 19,485 shares of the company’s stock valued at $232,000 after acquiring an additional 9,290 shares in the last quarter. Kades & Cheifetz LLC lifted its position in shares of Invesco Preferred ETF by 1.8% during the 3rd quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock valued at $3,279,000 after acquiring an additional 4,649 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in shares of Invesco Preferred ETF by 3.6% during the 3rd quarter. Sound Income Strategies LLC now owns 437,945 shares of the company’s stock worth $5,409,000 after purchasing an additional 15,151 shares in the last quarter.

Invesco Preferred ETF Stock Up 1.0 %

PGX stock traded up $0.12 during midday trading on Friday, reaching $12.31. The company had a trading volume of 2,486,693 shares, compared to its average volume of 3,384,591. Invesco Preferred ETF has a 1-year low of $10.74 and a 1-year high of $12.54. The stock has a 50 day moving average price of $12.29 and a 200-day moving average price of $11.87.

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.