Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC lessened its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 54.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,943 shares of the company’s stock after selling 38,647 shares during the period. Good Life Advisors LLC’s holdings in Invesco Preferred ETF were worth $368,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Spectrum Asset Management Inc. lifted its stake in Invesco Preferred ETF by 64.7% in the fourth quarter. Spectrum Asset Management Inc. now owns 5,771,517 shares of the company’s stock worth $66,546,000 after acquiring an additional 2,266,498 shares during the last quarter. Allworth Financial LP raised its holdings 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 purchasing an additional 148,476 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco Preferred ETF by 71.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after purchasing an additional 746,783 shares during the last quarter. Advisors Management Group Inc. ADV grew its stake in shares of Invesco Preferred ETF by 3.8% during 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 in the last quarter. Finally, Stifel Financial Corp increased its holdings in Invesco Preferred ETF by 6.8% in the third quarter. Stifel Financial Corp now owns 951,769 shares of the company’s stock valued at $11,754,000 after buying an additional 60,601 shares during the last quarter.

Invesco Preferred ETF Stock Down 0.1 %

Shares of NYSEARCA PGX opened at $11.60 on Friday. The business has a 50-day moving average of $11.60 and a two-hundred day moving average of $11.93. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year 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.