Huntington National Bank Has $17.77 Million Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Huntington National Bank decreased its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,541,026 shares of the company’s stock after selling 71,039 shares during the quarter. Huntington National Bank owned 0.41% of Invesco Preferred ETF worth $17,768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Captrust Financial Advisors raised its stake in Invesco Preferred ETF by 1.1% during the 3rd quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock worth $1,086,000 after buying an additional 991 shares during the period. Beam Wealth Advisors Inc. increased its holdings in shares of Invesco Preferred ETF by 1.3% in the fourth quarter. Beam Wealth Advisors Inc. now owns 106,368 shares of the company’s stock worth $1,226,000 after acquiring an additional 1,376 shares in the last quarter. Sax Wealth Advisors LLC raised its position in shares of Invesco Preferred ETF by 7.0% during the fourth quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock worth $253,000 after purchasing an additional 1,440 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco Preferred ETF by 0.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 387,083 shares of the company’s stock valued at $4,780,000 after purchasing an additional 1,519 shares in the last quarter. Finally, Kovack Advisors Inc. grew its position in shares of Invesco Preferred ETF by 16.0% in the 4th quarter. Kovack Advisors Inc. now owns 12,093 shares of the company’s stock valued at $139,000 after purchasing an additional 1,672 shares during the period.

Invesco Preferred ETF Price Performance

NYSEARCA PGX opened at $11.28 on Thursday. Invesco Preferred ETF has a 52-week low of $11.20 and a 52-week high of $12.54. The business has a 50 day simple moving average of $11.56 and a 200 day simple moving average of $11.84.

Invesco Preferred ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0563 dividend. This is a boost from Invesco Preferred ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 24th.

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.