IFG Advisory LLC decreased its position in Invesco Preferred ETF (NYSEARCA:PGX) by 16.1% during the first quarter, Holdings Channel reports. The fund owned 18,014 shares of the company’s stock after selling 3,452 shares during the quarter. IFG Advisory LLC’s holdings in Invesco Preferred ETF were worth $261,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Winslow Evans & Crocker Inc. bought a new position in shares of Invesco Preferred ETF during the 1st quarter valued at approximately $26,000. Executive Wealth Management LLC bought a new position in shares of Invesco Preferred ETF during the 4th quarter valued at approximately $25,000. Truvestments Capital LLC bought a new position in shares of Invesco Preferred ETF during the 1st quarter valued at approximately $30,000. Doyle Wealth Management bought a new position in shares of Invesco Preferred ETF during the 4th quarter valued at approximately $31,000. Finally, Whittier Trust Co. increased its position in shares of Invesco Preferred ETF by 3,191.9% during the 1st quarter. Whittier Trust Co. now owns 2,436 shares of the company’s stock valued at $35,000 after purchasing an additional 2,362 shares during the last quarter.
Shares of Invesco Preferred ETF stock opened at $14.57 on Friday. Invesco Preferred ETF has a 52 week low of $13.12 and a 52 week high of $14.79.
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.
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