Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust reduced its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) by 46.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,190 shares of the company’s stock after selling 10,669 shares during the period. FineMark National Bank & Trust’s holdings in Invesco Preferred ETF were worth $140,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in shares of Invesco Preferred ETF by 12.2% in the 3rd quarter. LPL Financial LLC now owns 14,641,628 shares of the company’s stock valued at $160,326,000 after buying an additional 1,587,869 shares during the period. Community Financial Services Group LLC acquired a new position in Invesco Preferred ETF during the 3rd quarter worth approximately $9,441,000. Spectrum Asset Management Inc. increased its position in shares of Invesco Preferred ETF by 30.2% in the 4th quarter. Spectrum Asset Management Inc. now owns 3,694,150 shares of the company’s stock valued at $42,376,000 after purchasing an additional 857,423 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Invesco Preferred ETF by 3,516.3% in the 4th quarter. Principal Financial Group Inc. now owns 602,725 shares of the company’s stock valued at $6,913,000 after purchasing an additional 586,058 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Invesco Preferred ETF in the 4th quarter valued at $5,110,000.

Invesco Preferred ETF Trading Up 1.0 %

Shares of PGX stock opened at $11.48 on Friday. The firm has a fifty day moving average price of $11.63 and a 200 day moving average price of $11.57. Invesco Preferred ETF has a 12 month low of $10.14 and a 12 month high of $12.06.

Invesco Preferred ETF Company Profile

(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.

Featured Stories

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

Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.