White Pine Capital LLC Lowers Stake in Invesco Preferred ETF (NYSEARCA:PGX)

White Pine Capital LLC lessened its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,116 shares of the company’s stock after selling 1,000 shares during the period. White Pine Capital LLC owned about 0.05% of Invesco Preferred ETF worth $2,192,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of PGX. Wealthcare Advisory Partners LLC boosted its holdings in Invesco Preferred ETF by 8.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 33,422 shares of the company’s stock worth $385,000 after buying an additional 2,576 shares during the last quarter. Jane Street Group LLC boosted 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 acquiring an additional 34,804 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of Invesco Preferred ETF by 6.2% during 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 in the last quarter. JPMorgan Chase & Co. raised its stake in Invesco Preferred ETF by 71.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock valued at $22,097,000 after purchasing an additional 746,783 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in Invesco Preferred ETF by 632.8% in the 3rd quarter. Principal Financial Group Inc. now owns 94,686 shares of the company’s stock valued at $1,169,000 after purchasing an additional 81,764 shares during the last quarter.

Invesco Preferred ETF Stock Up 0.9 %

Shares of PGX opened at $11.63 on Friday. Invesco Preferred ETF has a 52-week low of $11.23 and a 52-week high of $12.54. The firm’s fifty day moving average is $11.63 and its two-hundred day moving average is $11.93.

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.