Consolidated Portfolio Review Corp Increases Position in Invesco Preferred ETF (NYSEARCA:PGX)

Consolidated Portfolio Review Corp boosted its stake in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) by 11.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 17,770 shares of the company’s stock after acquiring an additional 1,814 shares during the period. Consolidated Portfolio Review Corp’s holdings in Invesco Preferred ETF were worth $204,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PGX. First Trust Advisors LP raised its stake in Invesco Preferred ETF by 231.0% during the first quarter. First Trust Advisors LP now owns 4,211,949 shares of the company’s stock worth $48,353,000 after purchasing an additional 2,939,371 shares during the period. LPL Financial LLC raised its stake in Invesco Preferred ETF by 12.2% during the third quarter. LPL Financial LLC now owns 14,641,628 shares of the company’s stock worth $160,326,000 after purchasing an additional 1,587,869 shares during the period. Wells Fargo & Company MN raised its stake in Invesco Preferred ETF by 11.3% during the second quarter. Wells Fargo & Company MN now owns 14,149,235 shares of the company’s stock worth $160,877,000 after purchasing an additional 1,441,572 shares during the period. Stonebridge Advisors LLC purchased a new position in Invesco Preferred ETF during the fourth quarter worth approximately $14,227,000. Finally, Cerity Partners LLC purchased a new position in Invesco Preferred ETF during the fourth quarter worth approximately $11,712,000.

Invesco Preferred ETF Stock Down 0.6 %

NYSEARCA:PGX opened at $11.51 on Monday. Invesco Preferred ETF has a fifty-two week low of $10.14 and a fifty-two week high of $12.06. The firm’s 50 day moving average is $11.84 and its two-hundred day moving average is $11.37.

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.

Further Reading

Want to see what other hedge funds are holding PGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Preferred ETF (NYSEARCA:PGXFree Report).

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

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