Invesco Preferred ETF (NYSEARCA:PGX) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,422 shares of the company’s stock after acquiring an additional 2,576 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Preferred ETF were worth $385,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Allworth Financial LP raised its stake in shares of Invesco Preferred ETF by 4.3% in the 3rd quarter. Allworth Financial LP now owns 3,588,261 shares of the company’s stock valued at $44,315,000 after acquiring an additional 148,476 shares during the period. JPMorgan Chase & Co. raised its position in Invesco Preferred ETF by 71.6% in the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock valued at $22,097,000 after purchasing an additional 746,783 shares during the period. ACT Advisors LLC. purchased a new position in Invesco Preferred ETF in the third quarter valued at about $17,368,000. Advisors Management Group Inc. ADV lifted its stake in shares of Invesco Preferred ETF by 3.8% during the fourth quarter. Advisors Management Group Inc. ADV now owns 1,288,642 shares of the company’s stock worth $14,858,000 after purchasing an additional 47,652 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Invesco Preferred ETF by 2.5% in the second quarter. Marshall Wace LLP now owns 960,800 shares of the company’s stock worth $11,097,000 after buying an additional 23,600 shares during the period.

Invesco Preferred ETF Stock Performance

NYSEARCA PGX opened at $11.63 on Tuesday. The business has a 50 day moving average price of $11.74 and a two-hundred day moving average price of $11.95. Invesco Preferred ETF has a fifty-two week low of $11.23 and a fifty-two week high of $12.54.

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.