Investors Research Corp Acquires 29,175 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Investors Research Corp lifted its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 8.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 363,580 shares of the company’s stock after buying an additional 29,175 shares during the period. Invesco Preferred ETF comprises approximately 1.0% of Investors Research Corp’s investment portfolio, making the stock its 19th biggest position. Investors Research Corp’s holdings in Invesco Preferred ETF were worth $4,490,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PGX. Comerica Bank grew its stake in Invesco Preferred ETF by 28.3% during the first quarter. Comerica Bank now owns 177,530 shares of the company’s stock worth $2,109,000 after purchasing an additional 39,126 shares during the period. CreativeOne Wealth LLC lifted its position in shares of Invesco Preferred ETF by 91.1% during the first quarter. CreativeOne Wealth LLC now owns 19,485 shares of the company’s stock valued at $232,000 after purchasing an additional 9,290 shares in the last quarter. Kades & Cheifetz LLC grew its holdings in shares of Invesco Preferred ETF by 1.8% in the third quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock valued at $3,279,000 after acquiring an additional 4,649 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of Invesco Preferred ETF by 3.6% during the 3rd quarter. Sound Income Strategies LLC now owns 437,945 shares of the company’s stock valued at $5,409,000 after purchasing an additional 15,151 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in Invesco Preferred ETF in the first quarter valued at about $230,000.

Invesco Preferred ETF Trading Up 0.3 %

PGX traded up $0.03 during trading hours on Thursday, hitting $11.86. The stock had a trading volume of 284,463 shares, compared to its average volume of 3,355,811. The company’s fifty day simple moving average is $12.27 and its 200 day simple moving average is $11.90. Invesco Preferred ETF has a 1 year low of $10.84 and a 1 year high of $12.54.

Invesco Preferred ETF Company 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.