Kestra Private Wealth Services LLC Sells 1,025 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Kestra Private Wealth Services LLC decreased its position in Invesco Preferred ETF (NYSEARCA:PGX) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,970 shares of the company’s stock after selling 1,025 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Invesco Preferred ETF were worth $298,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Modera Wealth Management LLC raised its position in shares of Invesco Preferred ETF by 4.2% during the third quarter. Modera Wealth Management LLC now owns 21,802 shares of the company’s stock valued at $239,000 after buying an additional 877 shares during the last quarter. DHK Financial Advisors Inc. lifted its holdings in Invesco Preferred ETF by 1.8% during the 4th quarter. DHK Financial Advisors Inc. now owns 52,189 shares of the company’s stock valued at $599,000 after purchasing an additional 922 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in Invesco Preferred ETF by 13.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 8,467 shares of the company’s stock worth $97,000 after acquiring an additional 1,003 shares during the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of Invesco Preferred ETF by 5.4% during the fourth quarter. Ausdal Financial Partners Inc. now owns 27,107 shares of the company’s stock worth $311,000 after purchasing an additional 1,396 shares during the last quarter. Finally, Gradient Investments LLC increased its position in Invesco Preferred ETF by 102.9% in the 4th quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after acquiring an additional 1,397 shares in the last quarter.

Invesco Preferred ETF Stock Down 0.9 %

NYSEARCA:PGX opened at $11.49 on Thursday. Invesco Preferred ETF has a 52-week low of $10.14 and a 52-week high of $12.06. The stock’s fifty day moving average price is $11.72 and its two-hundred day moving average price is $11.48.

About Invesco Preferred ETF

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.