Invesco Preferred ETF (NYSEARCA:PGX) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC increased its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 97.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 149,181 shares of the company’s stock after acquiring an additional 73,760 shares during the period. Jane Street Group LLC’s holdings in Invesco Preferred ETF were worth $1,720,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in Invesco Preferred ETF by 131.9% during the fourth quarter. JPMorgan Chase & Co. now owns 4,148,592 shares of the company’s stock valued at $47,833,000 after buying an additional 2,359,356 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in Invesco Preferred ETF by 8.4% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 33,422 shares of the company’s stock valued at $385,000 after buying an additional 2,576 shares in the last quarter. Park Avenue Securities LLC lifted its position in Invesco Preferred ETF by 6.2% during the fourth quarter. Park Avenue Securities LLC now owns 38,714 shares of the company’s stock valued at $446,000 after buying an additional 2,272 shares in the last quarter. HighTower Advisors LLC lifted its position in Invesco Preferred ETF by 87.0% during the fourth quarter. HighTower Advisors LLC now owns 193,790 shares of the company’s stock valued at $2,234,000 after buying an additional 90,147 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares in the last quarter.

Invesco Preferred ETF Stock Up 0.1%

Shares of PGX stock opened at $11.08 on Friday. Invesco Preferred ETF has a fifty-two week low of $10.70 and a fifty-two week high of $12.54. The firm’s 50 day moving average price is $11.14 and its two-hundred day moving average price is $11.52.

Invesco Preferred ETF Company Profile

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.