Collaborative Wealth Managment Inc. Makes New $146,000 Investment in Invesco Preferred ETF (NYSEARCA:PGX)

Collaborative Wealth Managment Inc. bought a new position in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,629 shares of the company’s stock, valued at approximately $146,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of 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 buying an additional 81,764 shares in the last quarter. Pinnacle Financial Partners Inc acquired a new stake in Invesco Preferred ETF in the 3rd quarter worth approximately $185,000. Oppenheimer & Co. Inc. boosted its stake in Invesco Preferred ETF by 4.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 210,981 shares of the company’s stock worth $2,606,000 after purchasing an additional 8,886 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in Invesco Preferred ETF by 11.6% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 28,433 shares of the company’s stock worth $351,000 after purchasing an additional 2,946 shares in the last quarter. Finally, J. W. Coons Advisors LLC boosted its stake in Invesco Preferred ETF by 6.4% in the 3rd quarter. J. W. Coons Advisors LLC now owns 28,110 shares of the company’s stock worth $347,000 after purchasing an additional 1,700 shares in the last quarter.

Invesco Preferred ETF Trading Up 0.6 %

PGX stock opened at $11.55 on Friday. The firm has a 50 day moving average of $11.59 and a 200 day moving average of $11.90. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54.

Invesco Preferred ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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