S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NYSEARCA:PGX

Invesco Preferred ETF (PGX) Price, Holdings, & News

$11.88
-0.08 (-0.67%)
(As of 03/28/2024 ET)
Today's Range
$11.88
$12.03
50-Day Range
$11.61
$12.02
52-Week Range
$10.14
$12.06
Volume
5.31 million shs
Average Volume
3.57 million shs
Market Capitalization
$4.90 billion
Assets Under Management
$4.51 billion
Dividend Yield
5.98%
Net Expense Ratio
0.50%
PGX stock logo

About Invesco Preferred ETF (NYSEARCA:PGX)

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. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index. The Fund invests in sectors, such as basic materials, financial, utilities and unclassified. Invesco PowerShares Capital Management LLC. is the investment adviser.

PGX Stock Price History

PGX ETF News Headlines

Invesco Variable Rate Preferred ETF (VRP)
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
PGX Invesco Preferred ETF
Invesco Preferred ETF (^PGX-IV)
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
See More Headlines
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Fund Details

Issuer
Invesco
Fund Name
Invesco Preferred ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:PGX
Inception Date
1/31/2008
Fund Manager
Peter Hubbard, Richard Ose, Tom Boksa, Gary Jones, Gregory Meisenger
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
ICE BofA Core Plus Fixed Rate Preferred Securities Index
Category
Strategy
Focus
Preferred Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
260

Fund Statistics

Assets Under Management
$4.51 billion
Average Daily Volume
$2.97 million
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Invesco Capital Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Invesco Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Citadel

Options

Optionable
Optionable
Options Volume
11
Put Options
2
Call Options
11
Short Interest
10,570,000 shs

Miscellaneous

Beta
0.46
Creation Unit
50,000
Creation Fee
$500.00
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Invesco Preferred ETF Expenses

TypePGXPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.50%0.54%0.50%0.51%
Other Expenses0.00%0.24%0.54%0.64%0.58%
Total Expense0.50%0.53%0.70%0.74%0.70%
Fee Waiver0.00%0.00%-0.54%-0.69%-0.56%
Net Expense0.50%0.55%0.60%0.57%0.58%

Invesco Preferred ETF (PGX) Holdings & Exposure

Top 10 PGX Holdings

  • JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE
    Holding Weight: 1.79%
  • JPMorgan Chase & Co Pfd
    Holding Weight: 1.63%
  • Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A
    Holding Weight: 1.55%
  • JPMorgan Chase & Co PRF PERPETUAL USD - Ser MM 1/400th
    Holding Weight: 1.50%
  • JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int
    Holding Weight: 1.47%
  • Bank of America Corp Pfd
    Holding Weight: 1.31%
  • Bank of America Corp 6% PRF PERPETUAL USD 25 - Ser GG 1/1000th int
    Holding Weight: 1.28%
  • AT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C
    Holding Weight: 1.27%
  • Capital One Financial Corp Series I
    Holding Weight: 1.19%
  • AT&T Inc 5.35% NT REDEEM 01/11/2066 USD 25
    Holding Weight: 1.16%

PGX Sector Exposure

PGX Industry Exposure


PGX ETF - Frequently Asked Questions

How have PGX shares performed in 2024?

Invesco Preferred ETF's stock was trading at $11.47 at the start of the year. Since then, PGX stock has increased by 3.6% and is now trading at $11.88.
View the best growth stocks for 2024 here
.

What does PGX invest in?

Invesco Preferred ETF is a equity fund issued by Invesco. PGX focuses on preferred stock investments and follows the ICE BofA Core Plus Fixed Rate Preferred Securities Index. The fund's investments total to approximately $4.51 billion assets under management.

What is the management fee for Invesco Preferred ETF?

Invesco Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for PGX is 0.50%.

What other stocks do shareholders of Invesco Preferred ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Preferred ETF investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Johnson & Johnson (JNJ), Walt Disney (DIS), Micron Technology (MU), iShares Preferred and Income Securities ETF (PFF), Home Depot (HD) and Intel (INTC).

Who are Invesco Preferred ETF's major shareholders?

Invesco Preferred ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (3.72%), Cohen & Steers Inc. (1.63%), UBS Group AG (1.12%), Spectrum Asset Management Inc. (0.90%), Royal Bank of Canada (0.84%) and Allworth Financial LP (0.77%).
View institutional ownership trends
.

How do I buy shares of Invesco Preferred ETF?

Shares of PGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:PGX) was last updated on 3/29/2024 by MarketBeat.com Staff

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