Cwm LLC Purchases 5,356 Shares of Invesco Preferred ETF $PGX

Cwm LLC lifted its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 17.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,832 shares of the company’s stock after purchasing an additional 5,356 shares during the period. Cwm LLC’s holdings in Invesco Preferred ETF were worth $410,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in PGX. Crews Bank & Trust boosted its stake in shares of Invesco Preferred ETF by 2.5% in the 2nd quarter. Crews Bank & Trust now owns 40,780 shares of the company’s stock valued at $454,000 after purchasing an additional 1,000 shares in the last quarter. WealthPlan Investment Management LLC boosted its stake in shares of Invesco Preferred ETF by 7.0% in the 1st quarter. WealthPlan Investment Management LLC now owns 16,047 shares of the company’s stock valued at $180,000 after purchasing an additional 1,045 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Invesco Preferred ETF by 25.5% in the 1st quarter. Harbour Investments Inc. now owns 5,720 shares of the company’s stock valued at $64,000 after purchasing an additional 1,161 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Invesco Preferred ETF by 3.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 36,531 shares of the company’s stock valued at $410,000 after purchasing an additional 1,345 shares in the last quarter. Finally, Mutual Advisors LLC boosted its stake in shares of Invesco Preferred ETF by 5.2% in the 1st quarter. Mutual Advisors LLC now owns 29,335 shares of the company’s stock valued at $325,000 after purchasing an additional 1,457 shares in the last quarter. 8.60% of the stock is owned by institutional investors.

Invesco Preferred ETF Stock Up 0.3%

Shares of Invesco Preferred ETF stock opened at $11.57 on Friday. Invesco Preferred ETF has a 52-week low of $10.70 and a 52-week high of $12.32. The company has a fifty day moving average of $11.62 and a 200-day moving average of $11.29.

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.