Crew Capital Management Ltd. Boosts Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Crew Capital Management Ltd. grew its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 11.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,130 shares of the company’s stock after buying an additional 8,192 shares during the quarter. Crew Capital Management Ltd.’s holdings in Invesco Preferred ETF were worth $1,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in PGX. Fisher Asset Management LLC purchased a new stake in shares of Invesco Preferred ETF during the fourth quarter valued at approximately $191,000. International Assets Investment Management LLC lifted its position in Invesco Preferred ETF by 17.4% during the first quarter. International Assets Investment Management LLC now owns 45,609 shares of the company’s stock valued at $542,000 after purchasing an additional 6,765 shares during the period. Global Assets Advisory LLC bought a new position in Invesco Preferred ETF during the first quarter valued at approximately $710,000. Sound Income Strategies LLC lifted its position in Invesco Preferred ETF by 9.9% during the first quarter. Sound Income Strategies LLC now owns 390,825 shares of the company’s stock valued at $4,643,000 after purchasing an additional 35,108 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Invesco Preferred ETF by 21.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 108,465 shares of the company’s stock valued at $1,289,000 after purchasing an additional 19,014 shares during the period.

Invesco Preferred ETF Stock Down 1.2 %

Invesco Preferred ETF stock traded down $0.15 during midday trading on Monday, reaching $12.25. 2,530,755 shares of the company traded hands, compared to its average volume of 3,387,391. The business has a 50 day moving average of $12.21 and a two-hundred day moving average of $11.81. Invesco Preferred ETF has a 12 month low of $10.19 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.