Capasso Planning Partners LLC Has $146,000 Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Capasso Planning Partners LLC decreased its holdings in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 39.2% in the third quarter, Holdings Channel reports. The firm owned 11,838 shares of the company’s stock after selling 7,622 shares during the quarter. Capasso Planning Partners LLC’s holdings in Invesco Preferred ETF were worth $146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PGX. Apollon Wealth Management LLC lifted its stake in Invesco Preferred ETF by 2,034.9% during the second quarter. Apollon Wealth Management LLC now owns 2,439,962 shares of the company’s stock worth $28,182,000 after purchasing an additional 2,325,672 shares during the period. ACT Advisors LLC. bought a new position in Invesco Preferred ETF during the third quarter worth about $17,368,000. LPL Financial LLC lifted its stake in Invesco Preferred ETF by 9.7% during the second quarter. LPL Financial LLC now owns 13,579,206 shares of the company’s stock worth $156,840,000 after purchasing an additional 1,197,584 shares during the period. Barclays PLC lifted its stake in Invesco Preferred ETF by 18,430.0% during the third quarter. Barclays PLC now owns 555,900 shares of the company’s stock worth $6,865,000 after purchasing an additional 552,900 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Invesco Preferred ETF during the second quarter worth about $3,917,000.

Invesco Preferred ETF Trading Down 0.8 %

NYSEARCA:PGX opened at $11.81 on Friday. Invesco Preferred ETF has a 1 year low of $11.17 and a 1 year high of $12.54. The firm has a 50 day moving average of $12.11 and a 200-day moving average of $11.94.

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.