Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lessened its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 0.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 434,831 shares of the company’s stock after selling 3,699 shares during the period. Noesis Capital Mangement Corp’s holdings in Invesco Preferred ETF were worth $5,014,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthcare Advisory Partners LLC raised its stake in shares of Invesco Preferred ETF by 8.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 33,422 shares of the company’s stock worth $385,000 after buying an additional 2,576 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Invesco Preferred ETF by 85.7% during the 3rd quarter. Jane Street Group LLC now owns 75,421 shares of the company’s stock worth $931,000 after buying an additional 34,804 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of Invesco Preferred ETF by 6.2% during the 4th quarter. Park Avenue Securities LLC now owns 38,714 shares of the company’s stock worth $446,000 after buying an additional 2,272 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Invesco Preferred ETF by 71.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,789,236 shares of the company’s stock worth $22,097,000 after buying an additional 746,783 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in Invesco Preferred ETF by 632.8% during the 3rd quarter. Principal Financial Group Inc. now owns 94,686 shares of the company’s stock worth $1,169,000 after purchasing an additional 81,764 shares in the last quarter.

Invesco Preferred ETF Trading Up 0.3 %

Invesco Preferred ETF stock opened at $11.68 on Friday. The stock has a 50-day moving average price of $11.59 and a 200 day moving average price of $11.93. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54.

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.