White Pine Capital LLC boosted its holdings in Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 47.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,289 shares of the company’s stock after purchasing an additional 43,352 shares during the quarter. White Pine Capital LLC’s holdings in Invesco Preferred ETF were worth $1,552,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC bought a new position in Invesco Preferred ETF during the 4th quarter valued at $32,000. Gradient Investments LLC lifted its stake in Invesco Preferred ETF by 102.9% during the 4th quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after acquiring an additional 1,397 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new position in Invesco Preferred ETF during the 4th quarter valued at $34,000. Capital Analysts LLC lifted its stake in Invesco Preferred ETF by 91.4% during the 4th quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock valued at $40,000 after acquiring an additional 1,655 shares in the last quarter. Finally, Trifecta Capital Advisors LLC bought a new position in Invesco Preferred ETF during the 4th quarter valued at $69,000.
Invesco Preferred ETF Stock Performance
NYSEARCA:PGX remained flat at $11.40 during trading hours on Friday. The company’s stock had a trading volume of 4,299,175 shares, compared to its average volume of 3,812,070. The business’s 50 day simple moving average is $11.77 and its 200-day simple moving average is $11.41. Invesco Preferred ETF has a fifty-two week low of $10.14 and a fifty-two week high of $12.06.
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.
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