Wagner Wealth Management LLC Buys 1,527 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Wagner Wealth Management LLC lifted its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,820 shares of the company’s stock after buying an additional 1,527 shares during the period. Wagner Wealth Management LLC’s holdings in Invesco Preferred ETF were worth $727,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Northstar Advisory Group LLC lifted its stake in shares of Invesco Preferred ETF by 3.4% in the first quarter. Northstar Advisory Group LLC now owns 32,333 shares of the company’s stock valued at $363,000 after buying an additional 1,066 shares during the period. Argus Investors Counsel Inc. grew its stake in shares of Invesco Preferred ETF by 2.6% in the 1st quarter. Argus Investors Counsel Inc. now owns 43,169 shares of the company’s stock valued at $484,000 after purchasing an additional 1,080 shares during the period. Strategic Investment Solutions Inc. IL raised its holdings in shares of Invesco Preferred ETF by 42.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 4,027 shares of the company’s stock worth $46,000 after buying an additional 1,191 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Invesco Preferred ETF by 52.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,940 shares of the company’s stock worth $45,000 after buying an additional 1,360 shares during the period. Finally, Beam Wealth Advisors Inc. lifted its position in shares of Invesco Preferred ETF by 1.3% during the 4th quarter. Beam Wealth Advisors Inc. now owns 106,368 shares of the company’s stock worth $1,226,000 after buying an additional 1,376 shares during the period.

Invesco Preferred ETF Stock Performance

Invesco Preferred ETF stock opened at $11.00 on Tuesday. Invesco Preferred ETF has a one year low of $10.70 and a one year high of $12.54. The business has a 50 day simple moving average of $10.99 and a 200 day simple moving average of $11.37.

Invesco Preferred ETF 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.