Invesco Preferred ETF (NYSEARCA:PGX) Shares Purchased by Comerica Bank

Comerica Bank raised its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 50.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 240,307 shares of the company’s stock after buying an additional 80,444 shares during the quarter. Comerica Bank owned about 0.06% of Invesco Preferred ETF worth $2,771,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of PGX. Lido Advisors LLC boosted its stake in shares of Invesco Preferred ETF by 2.9% during the fourth quarter. Lido Advisors LLC now owns 53,348 shares of the company’s stock valued at $615,000 after acquiring an additional 1,490 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Invesco Preferred ETF during the fourth quarter worth about $1,099,000. Prosperity Consulting Group LLC lifted its stake in shares of Invesco Preferred ETF by 11.2% during the fourth quarter. Prosperity Consulting Group LLC now owns 86,420 shares of the company’s stock valued at $996,000 after buying an additional 8,724 shares during the period. Two Sigma Securities LLC acquired a new stake in Invesco Preferred ETF during the fourth quarter worth approximately $255,000. Finally, Integrated Wealth Concepts LLC raised its holdings in Invesco Preferred ETF by 2.1% in the 4th quarter. Integrated Wealth Concepts LLC now owns 395,118 shares of the company’s stock valued at $4,556,000 after acquiring an additional 8,035 shares during the last quarter.

Invesco Preferred ETF Price Performance

Shares of Invesco Preferred ETF stock opened at $11.06 on Friday. Invesco Preferred ETF has a fifty-two week low of $10.70 and a fifty-two week high of $12.54. The business’s fifty day moving average is $11.20 and its two-hundred day moving average is $11.58.

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.