Greenup Street Wealth Management LLC Purchases Shares of 53,368 Invesco Preferred ETF (NYSEARCA:PGX)

Greenup Street Wealth Management LLC purchased a new stake in Invesco Preferred ETF (NYSEARCA:PGX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 53,368 shares of the company’s stock, valued at approximately $659,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Advisory Alpha LLC grew its position in shares of Invesco Preferred ETF by 0.6% in the 2nd quarter. Advisory Alpha LLC now owns 152,206 shares of the company’s stock valued at $1,758,000 after buying an additional 914 shares during the last quarter. NBC Securities Inc. boosted its position in shares of Invesco Preferred ETF by 2.8% during the 3rd quarter. NBC Securities Inc. now owns 34,376 shares of the company’s stock valued at $424,000 after purchasing an additional 950 shares in the last quarter. Oxbow Advisors LLC boosted its position in shares of Invesco Preferred ETF by 5.6% during the 2nd quarter. Oxbow Advisors LLC now owns 22,494 shares of the company’s stock valued at $260,000 after purchasing an additional 1,199 shares in the last quarter. Argus Investors Counsel Inc. boosted its position in shares of Invesco Preferred ETF by 3.1% during the 2nd quarter. Argus Investors Counsel Inc. now owns 41,526 shares of the company’s stock valued at $480,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Wagner Wealth Management LLC boosted its position in shares of Invesco Preferred ETF by 2.1% during the 3rd quarter. Wagner Wealth Management LLC now owns 59,817 shares of the company’s stock valued at $739,000 after purchasing an additional 1,239 shares in the last quarter.

Invesco Preferred ETF Stock Performance

Shares of Invesco Preferred ETF stock opened at $12.46 on Friday. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.54. The stock’s 50-day moving average is $12.20 and its 200 day moving average is $11.80.

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.