Ameritas Advisory Services LLC Has $404,000 Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Ameritas Advisory Services LLC reduced its position in Invesco Preferred ETF (NYSEARCA:PGX) by 26.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 34,981 shares of the company’s stock after selling 12,673 shares during the period. Ameritas Advisory Services LLC’s holdings in Invesco Preferred ETF were worth $404,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of PGX. International Assets Investment Management LLC acquired a new stake in Invesco Preferred ETF in the 4th quarter valued at about $446,000. CWM LLC raised its holdings in Invesco Preferred ETF by 14.2% in the 4th quarter. CWM LLC now owns 38,289 shares of the company’s stock valued at $439,000 after acquiring an additional 4,757 shares during the period. Brighton Jones LLC increased its holdings in shares of Invesco Preferred ETF by 2.0% during the fourth quarter. Brighton Jones LLC now owns 54,139 shares of the company’s stock worth $621,000 after purchasing an additional 1,077 shares during the period. Summit Financial LLC bought a new position in shares of Invesco Preferred ETF during the fourth quarter worth approximately $354,000. Finally, Wilbanks Smith & Thomas Asset Management LLC increased its holdings in shares of Invesco Preferred ETF by 149.9% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 66,172 shares of the company’s stock worth $759,000 after purchasing an additional 39,689 shares during the period.

Invesco Preferred ETF Stock Down 0.5 %

Shares of PGX traded down $0.06 during mid-day trading on Friday, hitting $11.99. 2,413,393 shares of the company’s stock were exchanged, compared to its average volume of 3,451,752. Invesco Preferred ETF has a 52 week low of $10.14 and a 52 week high of $12.07. The stock’s 50-day simple moving average is $11.73 and its 200-day simple moving average is $11.69.

Invesco Preferred ETF Company 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.