UP Strategic Wealth Investment Advisors LLC Has $164,000 Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

UP Strategic Wealth Investment Advisors LLC boosted its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 19.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,177 shares of the company’s stock after purchasing an additional 2,271 shares during the quarter. UP Strategic Wealth Investment Advisors LLC’s holdings in Invesco Preferred ETF were worth $164,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SkyOak Wealth LLC grew its position in Invesco Preferred ETF by 52.4% during the second quarter. SkyOak Wealth LLC now owns 19,778 shares of the company’s stock worth $228,000 after buying an additional 6,798 shares in the last quarter. Blair William & Co. IL grew its holdings in shares of Invesco Preferred ETF by 11.3% during the 2nd quarter. Blair William & Co. IL now owns 395,233 shares of the company’s stock worth $4,565,000 after purchasing an additional 39,993 shares in the last quarter. Perennial Investment Advisors LLC increased its position in shares of Invesco Preferred ETF by 220.7% in the second quarter. Perennial Investment Advisors LLC now owns 36,302 shares of the company’s stock worth $419,000 after purchasing an additional 24,983 shares during the period. One Capital Management LLC raised its stake in Invesco Preferred ETF by 1,520.1% in the second quarter. One Capital Management LLC now owns 353,016 shares of the company’s stock valued at $4,077,000 after purchasing an additional 331,226 shares in the last quarter. Finally, HBK Sorce Advisory LLC lifted its position in Invesco Preferred ETF by 11.3% during the second quarter. HBK Sorce Advisory LLC now owns 217,070 shares of the company’s stock worth $2,507,000 after purchasing an additional 22,000 shares during the period.

Invesco Preferred ETF Price Performance

PGX stock opened at $12.43 on Thursday. The company’s 50-day moving average price is $11.89 and its two-hundred day moving average price is $11.73. Invesco Preferred ETF has a 12 month low of $10.14 and a 12 month high of $12.48.

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.