Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by US Bancorp DE

US Bancorp DE decreased its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 43.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,547 shares of the company’s stock after selling 5,760 shares during the quarter. US Bancorp DE’s holdings in Invesco Preferred ETF were worth $87,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Captrust Financial Advisors increased its stake in shares of Invesco Preferred ETF by 1.1% during the 3rd quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock worth $1,086,000 after purchasing an additional 991 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in shares of Invesco Preferred ETF by 7.0% in the fourth quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock worth $253,000 after acquiring an additional 1,440 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Invesco Preferred ETF by 0.4% in the third quarter. Integrated Wealth Concepts LLC now owns 387,083 shares of the company’s stock valued at $4,780,000 after acquiring an additional 1,519 shares in the last quarter. Kovack Advisors Inc. boosted its stake in shares of Invesco Preferred ETF by 16.0% during the fourth quarter. Kovack Advisors Inc. now owns 12,093 shares of the company’s stock valued at $139,000 after acquiring an additional 1,672 shares during the last quarter. Finally, J. W. Coons Advisors LLC increased its position in Invesco Preferred ETF by 6.4% during the 3rd quarter. J. W. Coons Advisors LLC now owns 28,110 shares of the company’s stock worth $347,000 after purchasing an additional 1,700 shares in the last quarter.

Invesco Preferred ETF Stock Up 0.3 %

PGX stock opened at $11.59 on Tuesday. The company has a 50 day moving average price of $11.59 and a two-hundred day moving average price of $11.90. Invesco Preferred ETF has a one year low of $11.23 and a one year high of $12.54.

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.