23,661 Shares in Invesco Preferred ETF (NYSEARCA:PGX) Acquired by Belpointe Asset Management LLC

Belpointe Asset Management LLC bought a new position in shares of Invesco Preferred ETF (NYSEARCA:PGXFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,661 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PGX. Fortitude Family Office LLC acquired a new stake in Invesco Preferred ETF during the fourth quarter worth $32,000. Gradient Investments LLC grew its stake in shares of Invesco Preferred ETF by 102.9% in the fourth quarter. Gradient Investments LLC now owns 2,755 shares of the company’s stock valued at $32,000 after buying an additional 1,397 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Invesco Preferred ETF in the fourth quarter valued at $34,000. Capital Analysts LLC grew its stake in shares of Invesco Preferred ETF by 91.4% in the fourth quarter. Capital Analysts LLC now owns 3,465 shares of the company’s stock valued at $40,000 after buying an additional 1,655 shares in the last quarter. Finally, Trifecta Capital Advisors LLC acquired a new stake in shares of Invesco Preferred ETF in the fourth quarter valued at $69,000.

Invesco Preferred ETF Stock Down 0.3 %

Shares of NYSEARCA PGX opened at $11.63 on Friday. Invesco Preferred ETF has a twelve month low of $10.14 and a twelve month high of $12.06. The stock has a fifty day simple moving average of $11.55 and a 200-day simple moving average of $11.60.

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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