AE Wealth Management LLC Sells 32,210 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

AE Wealth Management LLC trimmed its position in shares of Invesco Preferred ETF (NYSEARCA:PGXGet Rating) by 34.8% during the third quarter, HoldingsChannel.com reports. The firm owned 60,361 shares of the company’s stock after selling 32,210 shares during the period. AE Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $717,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Sanchez Wealth Management Group boosted its stake in shares of Invesco Preferred ETF by 2.3% during the third quarter. Sanchez Wealth Management Group now owns 45,259 shares of the company’s stock valued at $538,000 after purchasing an additional 1,009 shares in the last quarter. Comerica Bank lifted its stake in shares of Invesco Preferred ETF by 0.3% in the second quarter. Comerica Bank now owns 327,173 shares of the company’s stock worth $4,135,000 after acquiring an additional 1,099 shares during the period. Advisory Services Network LLC lifted its stake in shares of Invesco Preferred ETF by 4.7% in the second quarter. Advisory Services Network LLC now owns 25,823 shares of the company’s stock worth $319,000 after acquiring an additional 1,153 shares during the period. Equitable Holdings Inc. lifted its stake in shares of Invesco Preferred ETF by 9.7% in the first quarter. Equitable Holdings Inc. now owns 13,561 shares of the company’s stock worth $184,000 after acquiring an additional 1,198 shares during the period. Finally, Centaurus Financial Inc. lifted its stake in shares of Invesco Preferred ETF by 15.4% in the second quarter. Centaurus Financial Inc. now owns 9,017 shares of the company’s stock worth $111,000 after acquiring an additional 1,201 shares during the period.

Invesco Preferred ETF Stock Up 0.2 %

Invesco Preferred ETF stock opened at $12.19 on Friday. The stock’s 50 day moving average is $11.69 and its 200 day moving average is $12.06. Invesco Preferred ETF has a one year low of $11.01 and a one year high of $14.83.

Invesco Preferred ETF Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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