Oppenheimer & Co. Inc. Has $2.61 Million Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Oppenheimer & Co. Inc. grew its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 4.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 210,981 shares of the company’s stock after buying an additional 8,886 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco Preferred ETF were worth $2,606,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PGX. Pinnacle Financial Partners Inc acquired a new stake in shares of Invesco Preferred ETF in the third quarter valued at approximately $185,000. Tyler Stone Wealth Management raised its position in shares of Invesco Preferred ETF by 101.4% during the third quarter. Tyler Stone Wealth Management now owns 15,825 shares of the company’s stock worth $195,000 after purchasing an additional 7,967 shares during the period. Baker Avenue Asset Management LP lifted its holdings in shares of Invesco Preferred ETF by 5.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 226,828 shares of the company’s stock valued at $2,801,000 after purchasing an additional 12,357 shares in the last quarter. Sigma Planning Corp grew its position in shares of Invesco Preferred ETF by 29.4% in the 3rd quarter. Sigma Planning Corp now owns 151,479 shares of the company’s stock valued at $1,871,000 after purchasing an additional 34,390 shares during the period. Finally, Atria Investments Inc increased its stake in Invesco Preferred ETF by 4.3% during the 3rd quarter. Atria Investments Inc now owns 569,433 shares of the company’s stock worth $7,032,000 after purchasing an additional 23,462 shares in the last quarter.

Invesco Preferred ETF Stock Up 0.1 %

Shares of PGX opened at $12.02 on Friday. Invesco Preferred ETF has a twelve month low of $10.84 and a twelve month high of $12.54. The firm’s 50 day moving average price is $12.29 and its two-hundred day moving average price is $11.89.

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.