CreativeOne Wealth LLC Has $117,000 Stake in Invesco Preferred ETF (NYSEARCA:PGX)

CreativeOne Wealth LLC reduced its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 29.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,195 shares of the company’s stock after selling 4,231 shares during the quarter. CreativeOne Wealth LLC’s holdings in Invesco Preferred ETF were worth $117,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PGX. LPL Financial LLC raised its holdings in shares of Invesco Preferred ETF by 12.2% in the third quarter. LPL Financial LLC now owns 14,641,628 shares of the company’s stock valued at $160,326,000 after buying an additional 1,587,869 shares during the last quarter. Community Financial Services Group LLC bought a new position in Invesco Preferred ETF in the 3rd quarter worth approximately $9,441,000. Spectrum Asset Management Inc. increased its stake in shares of Invesco Preferred ETF by 30.2% in the 4th quarter. Spectrum Asset Management Inc. now owns 3,694,150 shares of the company’s stock valued at $42,376,000 after buying an additional 857,423 shares during the period. Principal Financial Group Inc. raised its position in shares of Invesco Preferred ETF by 3,516.3% during the fourth quarter. Principal Financial Group Inc. now owns 602,725 shares of the company’s stock worth $6,913,000 after acquiring an additional 586,058 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Invesco Preferred ETF during the fourth quarter valued at $5,110,000.

Invesco Preferred ETF Trading Up 1.0 %

Shares of PGX stock opened at $11.48 on Friday. Invesco Preferred ETF has a 12 month low of $10.14 and a 12 month high of $12.06. The stock has a 50-day moving average price of $11.63 and a 200 day moving average price of $11.57.

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.