Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Intrepid Financial Planning Group LLC

Intrepid Financial Planning Group LLC trimmed its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 2.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,138,961 shares of the company’s stock after selling 30,734 shares during the quarter. Invesco Preferred ETF comprises 5.6% of Intrepid Financial Planning Group LLC’s portfolio, making the stock its 4th biggest holding. Intrepid Financial Planning Group LLC’s holdings in Invesco Preferred ETF were worth $13,155,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cohen & Steers Inc. lifted its holdings in Invesco Preferred ETF by 1,074,842.8% during the 4th quarter. Cohen & Steers Inc. now owns 6,707,643 shares of the company’s stock worth $76,937,000 after buying an additional 6,707,019 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in shares of Invesco Preferred ETF by 2,034.9% during the second quarter. Apollon Wealth Management LLC now owns 2,439,962 shares of the company’s stock valued at $28,182,000 after acquiring an additional 2,325,672 shares during the period. LPL Financial LLC boosted its holdings in Invesco Preferred ETF by 9.7% in the second quarter. LPL Financial LLC now owns 13,579,206 shares of the company’s stock valued at $156,840,000 after acquiring an additional 1,197,584 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Invesco Preferred ETF by 3,516.3% in the fourth quarter. Principal Financial Group Inc. now owns 602,725 shares of the company’s stock valued at $6,913,000 after acquiring an additional 586,058 shares during the last quarter. Finally, Advisors Preferred LLC increased its position in Invesco Preferred ETF by 155.1% in the first quarter. Advisors Preferred LLC now owns 865,646 shares of the company’s stock worth $10,293,000 after purchasing an additional 526,338 shares during the period.

Invesco Preferred ETF Trading Up 0.2 %

Shares of NYSEARCA:PGX opened at $12.43 on Thursday. The company has a 50 day moving average of $11.89 and a 200-day moving average of $11.73. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.48.

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.