Invesco Preferred ETF (NYSEARCA:PGX) Shares Purchased by Wagner Wealth Management LLC

Wagner Wealth Management LLC raised its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 5.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 63,293 shares of the company’s stock after acquiring an additional 3,476 shares during the period. Wagner Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $730,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PGX. Wilmington Savings Fund Society FSB acquired a new stake in Invesco Preferred ETF during the third quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Invesco Preferred ETF by 299.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares in the last quarter. Eastern Bank acquired a new stake in shares of Invesco Preferred ETF during the 3rd quarter valued at $37,000. Orrstown Financial Services Inc. acquired a new stake in shares of Invesco Preferred ETF during the 3rd quarter valued at $124,000. Finally, Ellis Investment Partners LLC bought a new stake in shares of Invesco Preferred ETF during the 3rd quarter worth $124,000.

Invesco Preferred ETF Stock Down 0.3 %

Shares of Invesco Preferred ETF stock opened at $11.57 on Monday. Invesco Preferred ETF has a 12-month low of $11.23 and a 12-month high of $12.54. The stock’s fifty day moving average is $11.65 and its 200-day moving average is $11.93.

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.