Invesco Preferred ETF (NYSEARCA:PGX) Holdings Lowered by Global Retirement Partners LLC

Global Retirement Partners LLC trimmed its stake in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) by 24.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,614 shares of the company’s stock after selling 36,788 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco Preferred ETF were worth $1,318,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PGX. JPMorgan Chase & Co. raised its position in shares of Invesco Preferred ETF by 9.0% during the 1st quarter. JPMorgan Chase & Co. now owns 80,594 shares of the company’s stock worth $1,094,000 after buying an additional 6,644 shares in the last quarter. Citigroup Inc. raised its position in shares of Invesco Preferred ETF by 10.1% during the 1st quarter. Citigroup Inc. now owns 24,430 shares of the company’s stock worth $332,000 after buying an additional 2,247 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco Preferred ETF during the 1st quarter worth about $42,000. Equitable Holdings Inc. raised its holdings in shares of Invesco Preferred ETF by 9.7% in the 1st quarter. Equitable Holdings Inc. now owns 13,561 shares of the company’s stock worth $184,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of Invesco Preferred ETF by 12.2% in the 1st quarter. Prudential Financial Inc. now owns 1,149,176 shares of the company’s stock worth $15,594,000 after purchasing an additional 124,687 shares in the last quarter.

Invesco Preferred ETF Trading Down 0.7 %

NYSEARCA PGX opened at $11.88 on Friday. The company’s 50 day simple moving average is $11.85 and its 200 day simple moving average is $11.32. Invesco Preferred ETF has a 12 month low of $10.14 and a 12 month high of $12.06.

About Invesco Preferred ETF

(Free Report)

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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