Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Coastwise Capital Group LLC

Coastwise Capital Group LLC lowered its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 10.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,287 shares of the company’s stock after selling 7,067 shares during the quarter. Coastwise Capital Group LLC’s holdings in Invesco Preferred ETF were worth $672,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. grew its stake in Invesco Preferred ETF by 2.8% during the 3rd quarter. NBC Securities Inc. now owns 34,376 shares of the company’s stock valued at $424,000 after acquiring an additional 950 shares in the last quarter. Captrust Financial Advisors grew its position in Invesco Preferred ETF by 1.1% during the third quarter. Captrust Financial Advisors now owns 87,953 shares of the company’s stock valued at $1,086,000 after purchasing an additional 991 shares in the last quarter. Wagner Wealth Management LLC increased its stake in Invesco Preferred ETF by 2.1% in the 3rd quarter. Wagner Wealth Management LLC now owns 59,817 shares of the company’s stock valued at $739,000 after buying an additional 1,239 shares during the period. Gladstone Institutional Advisory LLC lifted its position in Invesco Preferred ETF by 5.5% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 27,089 shares of the company’s stock worth $335,000 after buying an additional 1,422 shares in the last quarter. Finally, Sax Wealth Advisors LLC boosted its stake in shares of Invesco Preferred ETF by 7.0% during the 4th quarter. Sax Wealth Advisors LLC now owns 21,951 shares of the company’s stock valued at $253,000 after buying an additional 1,440 shares during the period.

Invesco Preferred ETF Trading Up 0.3 %

Shares of NYSEARCA:PGX opened at $11.66 on Friday. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year high of $12.54. The business has a fifty day simple moving average of $11.70 and a 200 day simple moving average of $11.94.

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.