Rockefeller Capital Management L.P. decreased its holdings in Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 758,057 shares of the company’s stock after selling 55,853 shares during the period. Rockefeller Capital Management L.P.’s holdings in Invesco Preferred ETF were worth $8,521,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in the company. New England Private Wealth Advisors LLC raised its holdings in Invesco Preferred ETF by 1.6% in the fourth quarter. New England Private Wealth Advisors LLC now owns 58,682 shares of the company’s stock valued at $660,000 after acquiring an additional 916 shares in the last quarter. Shepherd Kaplan Krochuk LLC increased its position in shares of Invesco Preferred ETF by 0.6% in the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 153,126 shares of the company’s stock valued at $1,776,000 after purchasing an additional 962 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of Invesco Preferred ETF by 6.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,192 shares of the company’s stock valued at $182,000 after purchasing an additional 1,046 shares during the last quarter. KG&L Capital Management LLC raised its holdings in shares of Invesco Preferred ETF by 0.5% in the 4th quarter. KG&L Capital Management LLC now owns 198,892 shares of the company’s stock valued at $2,236,000 after purchasing an additional 1,068 shares in the last quarter. Finally, Friedenthal Financial lifted its position in shares of Invesco Preferred ETF by 4.2% during the 4th quarter. Friedenthal Financial now owns 29,051 shares of the company’s stock worth $327,000 after purchasing an additional 1,158 shares during the last quarter. 8.60% of the stock is currently owned by hedge funds and other institutional investors.
Invesco Preferred ETF Trading Down 0.1%
Shares of PGX stock opened at $10.82 on Friday. The firm has a fifty day moving average price of $11.03 and a 200 day moving average price of $11.19. Invesco Preferred ETF has a 12 month low of $10.81 and a 12 month high of $11.92.
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. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index.
Further Reading
- Five stocks we like better than Invesco Preferred ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding PGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Preferred ETF (NYSEARCA:PGX – Free Report).
Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
