Cerity Partners LLC Sells 10,290 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Cerity Partners LLC cut its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 8.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,402 shares of the company’s stock after selling 10,290 shares during the quarter. Cerity Partners LLC’s holdings in Invesco Preferred ETF were worth $1,462,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL bought a new stake in Invesco Preferred ETF during the second quarter valued at approximately $35,000. Eastern Bank bought a new stake in Invesco Preferred ETF during the third quarter valued at approximately $37,000. Orrstown Financial Services Inc. bought a new stake in Invesco Preferred ETF during the third quarter valued at approximately $124,000. Ellis Investment Partners LLC bought a new position in shares of Invesco Preferred ETF in the third quarter worth approximately $124,000. Finally, Calton & Associates Inc. bought a new position in shares of Invesco Preferred ETF in the third quarter worth approximately $128,000.

Invesco Preferred ETF Trading Down 0.2 %

PGX opened at $11.90 on Wednesday. Invesco Preferred ETF has a 1-year low of $11.11 and a 1-year high of $12.54. The company has a 50 day simple moving average of $12.19 and a two-hundred day simple moving average of $11.93.

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.