Sigma Planning Corp Has $2.02 Million Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Sigma Planning Corp lifted its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 15.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 174,951 shares of the company’s stock after acquiring an additional 23,472 shares during the period. Sigma Planning Corp’s holdings in Invesco Preferred ETF were worth $2,017,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealthcare Advisory Partners LLC grew its position in shares of Invesco Preferred ETF by 8.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 33,422 shares of the company’s stock worth $385,000 after purchasing an additional 2,576 shares in the last quarter. Jane Street Group LLC grew its position in Invesco Preferred ETF by 85.7% during the third quarter. Jane Street Group LLC now owns 75,421 shares of the company’s stock worth $931,000 after buying an additional 34,804 shares in the last quarter. Park Avenue Securities LLC grew its position in Invesco Preferred ETF by 6.2% during the fourth quarter. Park Avenue Securities LLC now owns 38,714 shares of the company’s stock worth $446,000 after buying an additional 2,272 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco Preferred ETF by 71.6% during the third quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after buying an additional 746,783 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Invesco Preferred ETF by 632.8% during the third quarter. Principal Financial Group Inc. now owns 94,686 shares of the company’s stock worth $1,169,000 after buying an additional 81,764 shares in the last quarter.

Invesco Preferred ETF Price Performance

PGX opened at $11.60 on Monday. Invesco Preferred ETF has a 52-week low of $11.23 and a 52-week high of $12.54. The business’s fifty day moving average is $11.59 and its 200-day moving average is $11.93.

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.