Edge Wealth Management LLC lessened its position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,949 shares of the company’s stock after selling 2,125 shares during the quarter. Edge Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in Invesco Preferred ETF by 85.7% during the third quarter. Jane Street Group LLC now owns 75,421 shares of the company’s stock worth $931,000 after buying an additional 34,804 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invesco Preferred ETF by 71.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after acquiring an additional 746,783 shares in the last quarter. Principal Financial Group Inc. grew its position in Invesco Preferred ETF by 632.8% during the 3rd quarter. Principal Financial Group Inc. now owns 94,686 shares of the company’s stock worth $1,169,000 after acquiring an additional 81,764 shares during the last quarter. Kades & Cheifetz LLC increased its holdings in Invesco Preferred ETF by 1.8% during the 3rd quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock valued at $3,279,000 after purchasing an additional 4,649 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in Invesco Preferred ETF by 59.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 547,388 shares of the company’s stock valued at $6,541,000 after purchasing an additional 203,752 shares during the last quarter.
Invesco Preferred ETF Trading Down 0.1 %
Shares of NYSEARCA:PGX opened at $11.61 on Friday. The company has a 50 day moving average of $11.76 and a 200-day moving average of $11.94. Invesco Preferred ETF has a one year low of $11.23 and a one year high of $12.54.
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.
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