Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Creative Planning

Creative Planning reduced its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 0.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 835,014 shares of the company’s stock after selling 1,089 shares during the period. Creative Planning owned approximately 0.22% of Invesco Preferred ETF worth $10,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL acquired a new stake in Invesco Preferred ETF during the second quarter worth about $35,000. Central Pacific Bank Trust Division acquired a new stake in Invesco Preferred ETF during the first quarter worth about $46,000. Private Ocean LLC acquired a new stake in Invesco Preferred ETF during the first quarter worth about $94,000. Consultiva Wealth Management CORP. acquired a new stake in Invesco Preferred ETF during the first quarter worth about $96,000. Finally, Saxony Capital Management LLC acquired a new stake in Invesco Preferred ETF during the first quarter worth about $124,000.

Invesco Preferred ETF Stock Up 0.8 %

Invesco Preferred ETF stock opened at $12.33 on Wednesday. Invesco Preferred ETF has a 52 week low of $10.19 and a 52 week high of $12.54. The business’s 50-day moving average price is $12.23 and its 200 day moving average price is $11.81.

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.