Kingsview Wealth Management LLC Has $989,000 Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Kingsview Wealth Management LLC cut its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,757 shares of the company’s stock after selling 8,229 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $989,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wealthcare Advisory Partners LLC grew its stake in shares of Invesco Preferred ETF by 8.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 33,422 shares of the company’s stock worth $385,000 after purchasing an additional 2,576 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Invesco Preferred ETF by 85.7% in the third quarter. Jane Street Group LLC now owns 75,421 shares of the company’s stock worth $931,000 after purchasing an additional 34,804 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Invesco Preferred ETF by 6.2% in the fourth quarter. Park Avenue Securities LLC now owns 38,714 shares of the company’s stock worth $446,000 after purchasing an additional 2,272 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco Preferred ETF by 71.6% in the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after purchasing an additional 746,783 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Invesco Preferred ETF by 632.8% in the third quarter. Principal Financial Group Inc. now owns 94,686 shares of the company’s stock worth $1,169,000 after purchasing an additional 81,764 shares during the last quarter.

Invesco Preferred ETF Price Performance

Shares of PGX opened at $11.60 on Wednesday. The firm’s fifty day simple moving average is $11.64 and its two-hundred day simple moving average is $11.94. Invesco Preferred ETF has a 12 month low of $11.23 and a 12 month high of $12.54.

Invesco Preferred ETF 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.