Huntington National Bank Sells 181,502 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Huntington National Bank trimmed its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 10.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,612,065 shares of the company’s stock after selling 181,502 shares during the period. Huntington National Bank owned approximately 0.43% of Invesco Preferred ETF worth $19,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PGX. Oppenheimer & Co. Inc. grew its stake in shares of Invesco Preferred ETF by 4.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 210,981 shares of the company’s stock valued at $2,606,000 after purchasing an additional 8,886 shares during the period. Pinnacle Financial Partners Inc bought a new stake in shares of Invesco Preferred ETF in the 3rd quarter valued at approximately $185,000. Tyler Stone Wealth Management grew its stake in shares of Invesco Preferred ETF by 101.4% in the 3rd quarter. Tyler Stone Wealth Management now owns 15,825 shares of the company’s stock valued at $195,000 after purchasing an additional 7,967 shares during the period. Baker Avenue Asset Management LP grew its stake in shares of Invesco Preferred ETF by 5.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 226,828 shares of the company’s stock valued at $2,801,000 after purchasing an additional 12,357 shares during the period. Finally, Sigma Planning Corp grew its stake in shares of Invesco Preferred ETF by 29.4% in the 3rd quarter. Sigma Planning Corp now owns 151,479 shares of the company’s stock valued at $1,871,000 after purchasing an additional 34,390 shares during the period.

Invesco Preferred ETF Trading Down 0.1 %

PGX stock opened at $12.04 on Thursday. Invesco Preferred ETF has a 1-year low of $10.84 and a 1-year high of $12.54. The business’s 50 day moving average is $12.30 and its 200-day moving average is $11.88.

About Invesco Preferred ETF

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.