Apella Capital LLC Has $309,000 Stock Position in Invesco Preferred ETF (NYSEARCA:PGX)

Apella Capital LLC lessened its holdings in Invesco Preferred ETF (NYSEARCA:PGXFree Report) by 11.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,911 shares of the company’s stock after selling 3,237 shares during the quarter. Apella Capital LLC’s holdings in Invesco Preferred ETF were worth $309,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of PGX. Kades & Cheifetz LLC grew its holdings in shares of Invesco Preferred ETF by 1.8% during the 3rd quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock valued at $3,279,000 after purchasing an additional 4,649 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Invesco Preferred ETF by 19.9% in the third quarter. Massmutual Trust Co. FSB ADV now owns 20,900 shares of the company’s stock valued at $258,000 after buying an additional 3,475 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco Preferred ETF during the second quarter worth $3,917,000. Creekside Partners bought a new stake in shares of Invesco Preferred ETF during the second quarter worth $403,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Invesco Preferred ETF during the second quarter worth $35,000.

Invesco Preferred ETF Trading Down 0.6 %

Shares of NYSEARCA PGX traded down $0.07 during mid-day trading on Friday, hitting $12.36. 2,074,843 shares of the stock traded hands, compared to its average volume of 3,438,999. Invesco Preferred ETF has a twelve month low of $10.14 and a twelve month high of $12.54. The firm has a 50 day simple moving average of $12.07 and a two-hundred day simple moving average of $11.78.

About Invesco Preferred ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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