Invesco Preferred ETF $PGX Stock Holdings Boosted by SG Americas Securities LLC

SG Americas Securities LLC increased its position in Invesco Preferred ETF (NYSEARCA:PGX) by 110.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 382,831 shares of the company’s stock after acquiring an additional 200,531 shares during the period. SG Americas Securities LLC owned approximately 0.11% of Invesco Preferred ETF worth $4,441,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PGX. Spectrum Asset Management Inc. grew its position in Invesco Preferred ETF by 28.4% in the 2nd quarter. Spectrum Asset Management Inc. now owns 4,669,495 shares of the company’s stock worth $51,972,000 after purchasing an additional 1,033,904 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco Preferred ETF by 21.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,139,050 shares of the company’s stock worth $46,068,000 after buying an additional 728,924 shares in the last quarter. Allworth Financial LP grew its holdings in Invesco Preferred ETF by 8.4% in the 2nd quarter. Allworth Financial LP now owns 2,848,588 shares of the company’s stock worth $31,705,000 after buying an additional 221,139 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Invesco Preferred ETF by 57.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,874,427 shares of the company’s stock valued at $21,031,000 after acquiring an additional 683,754 shares during the period. Finally, Osaic Holdings Inc. raised its stake in Invesco Preferred ETF by 3.9% during the 2nd quarter. Osaic Holdings Inc. now owns 1,751,764 shares of the company’s stock valued at $19,498,000 after acquiring an additional 65,918 shares in the last quarter. 8.60% of the stock is owned by institutional investors and hedge funds.

Invesco Preferred ETF Trading Up 0.2%

Shares of PGX stock opened at $11.34 on Monday. Invesco Preferred ETF has a 1 year low of $10.70 and a 1 year high of $11.92. The stock has a fifty day moving average of $11.30 and a two-hundred day moving average of $11.41.

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. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index.