Millstone Evans Group LLC Invests $50,000 in Invesco Preferred ETF (NYSEARCA:PGX)

Millstone Evans Group LLC acquired a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX) in the 4th quarter, HoldingsChannel reports. The fund acquired 4,316 shares of the company’s stock, valued at approximately $50,000.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. lifted 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 worth $1,169,000 after purchasing an additional 81,764 shares in the last quarter. Townsquare Capital LLC bought a new position in shares of Invesco Preferred ETF in the 3rd quarter worth $275,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco Preferred ETF by 4.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 502,173 shares of the company’s stock worth $6,202,000 after purchasing an additional 19,592 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco Preferred ETF by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock worth $1,086,000 after purchasing an additional 991 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in shares of Invesco Preferred ETF in the 3rd quarter worth $127,000.

Invesco Preferred ETF Trading Down 0.1 %

Shares of PGX opened at $11.55 on Monday. Invesco Preferred ETF has a 12-month low of $11.23 and a 12-month high of $12.54. The business’s fifty day moving average is $11.59 and its 200 day moving average is $11.89.

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.