Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co lowered its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 57.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,663 shares of the company’s stock after selling 22,328 shares during the period. CENTRAL TRUST Co’s holdings in Invesco Preferred ETF were worth $192,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Preferred ETF in the third quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in 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 acquiring an additional 2,093 shares during the last quarter. Eastern Bank acquired a new stake in Invesco Preferred ETF in the third quarter valued at approximately $37,000. Orrstown Financial Services Inc. acquired a new stake in Invesco Preferred ETF in the third quarter valued at approximately $124,000. Finally, Ellis Investment Partners LLC acquired a new stake in Invesco Preferred ETF in the third quarter valued at approximately $124,000.

Invesco Preferred ETF Stock Performance

Shares of Invesco Preferred ETF stock opened at $11.55 on Wednesday. The firm has a fifty day simple moving average of $11.67 and a 200-day simple moving average of $11.94. Invesco Preferred ETF has a 1-year low of $11.23 and a 1-year high of $12.54.

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.