Thurston Springer Miller Herd & Titak Inc. Purchases 2,093 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Thurston Springer Miller Herd & Titak Inc. grew its position in Invesco Preferred ETF (NYSEARCA:PGX) by 299.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,793 shares of the company’s stock after purchasing an additional 2,093 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco Preferred ETF were worth $32,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Invesco Preferred ETF during the third quarter worth $31,000. Strategic Investment Solutions Inc. IL bought a new position in Invesco Preferred ETF during the second quarter worth $35,000. Eastern Bank bought a new position in Invesco Preferred ETF during the third quarter worth $37,000. Orrstown Financial Services Inc. acquired a new stake in Invesco Preferred ETF during the third quarter worth $124,000. Finally, Ellis Investment Partners LLC acquired a new stake in Invesco Preferred ETF during the third quarter worth $124,000.

Invesco Preferred ETF Trading Up 0.2 %

PGX opened at $11.63 on Friday. The firm’s fifty day moving average price is $11.75 and its two-hundred day moving average price is $11.94. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two week high of $12.54.

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.