Field & Main Bank Acquires 50,273 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Field & Main Bank grew its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 15.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 365,723 shares of the company’s stock after purchasing an additional 50,273 shares during the period. Invesco Preferred ETF makes up approximately 1.5% of Field & Main Bank’s holdings, making the stock its 18th largest holding. Field & Main Bank’s holdings in Invesco Preferred ETF were worth $4,217,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Allworth Financial LP increased its stake in shares of Invesco Preferred ETF by 4.3% in the 3rd quarter. Allworth Financial LP now owns 3,588,261 shares of the company’s stock valued at $44,315,000 after buying an additional 148,476 shares during the period. JPMorgan Chase & Co. boosted its holdings in Invesco Preferred ETF by 71.6% in the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock valued at $22,097,000 after acquiring an additional 746,783 shares during the last quarter. ACT Advisors LLC. acquired a new stake in Invesco Preferred ETF in the third quarter worth about $17,368,000. Advisors Management Group Inc. ADV increased its position in Invesco Preferred ETF by 3.8% in the fourth quarter. Advisors Management Group Inc. ADV now owns 1,288,642 shares of the company’s stock worth $14,858,000 after purchasing an additional 47,652 shares during the period. Finally, Stifel Financial Corp raised its holdings in Invesco Preferred ETF by 6.8% during the 3rd quarter. Stifel Financial Corp now owns 951,769 shares of the company’s stock worth $11,754,000 after purchasing an additional 60,601 shares during the last quarter.

Invesco Preferred ETF Stock Up 0.2 %

Shares of NYSEARCA PGX opened at $11.73 on Wednesday. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year high of $12.54. The firm’s 50-day moving average is $11.70 and its 200-day moving average is $11.94.

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.