Boothe Investment Group Inc. Acquires 8,908 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Boothe Investment Group Inc. raised its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 222,420 shares of the company’s stock after acquiring an additional 8,908 shares during the period. Invesco Preferred ETF comprises 1.1% of Boothe Investment Group Inc.’s holdings, making the stock its 26th biggest holding. Boothe Investment Group Inc.’s holdings in Invesco Preferred ETF were worth $2,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco Preferred ETF during the third quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after purchasing an additional 2,093 shares in the last quarter. Kentucky Trust Co acquired a new stake in shares of Invesco Preferred ETF during the fourth quarter valued at about $36,000. Eastern Bank acquired a new stake in shares of Invesco Preferred ETF during the third quarter valued at about $37,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Invesco Preferred ETF during the fourth quarter valued at about $42,000.

Invesco Preferred ETF Price Performance

Shares of PGX stock opened at $11.60 on Monday. The business’s 50-day moving average price is $11.59 and its 200-day moving average price is $11.93. Invesco Preferred ETF has a 12 month low of $11.23 and a 12 month high of $12.54.

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.