Jones Financial Companies Lllp Has $1.44 Million Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Jones Financial Companies Lllp lifted its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 33.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,492 shares of the company’s stock after purchasing an additional 31,452 shares during the period. Jones Financial Companies Lllp’s holdings in Invesco Preferred ETF were worth $1,435,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PGX. Janney Montgomery Scott LLC lifted its position in shares of Invesco Preferred ETF by 3.4% during the third quarter. Janney Montgomery Scott LLC now owns 475,139 shares of the company’s stock worth $5,868,000 after purchasing an additional 15,486 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in shares of Invesco Preferred ETF by 6.3% during the third quarter. Asset Management One Co. Ltd. now owns 99,523 shares of the company’s stock worth $1,229,000 after purchasing an additional 5,859 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Invesco Preferred ETF during the third quarter worth approximately $223,000. Principal Financial Group Inc. lifted its position in shares of Invesco Preferred ETF by 632.8% during 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 in the last quarter. Finally, Oxbow Advisors LLC lifted its position in shares of Invesco Preferred ETF by 9.1% during the third quarter. Oxbow Advisors LLC now owns 24,544 shares of the company’s stock worth $303,000 after purchasing an additional 2,050 shares in the last quarter.

Invesco Preferred ETF Trading Down 0.3 %

Shares of PGX stock opened at $11.52 on Friday. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year high of $12.54. The firm’s 50 day moving average is $11.60 and its 200-day moving average is $11.92.

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.