Accel Wealth Management Sells 3,206 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Accel Wealth Management trimmed its position in Invesco Preferred ETF (NYSEARCA:PGX) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,038 shares of the company’s stock after selling 3,206 shares during the quarter. Accel Wealth Management’s holdings in Invesco Preferred ETF were worth $635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of PGX. Wilmington Savings Fund Society FSB acquired a new position in Invesco Preferred ETF during the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Invesco Preferred ETF by 299.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock worth $32,000 after purchasing an additional 2,093 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Invesco Preferred ETF during the 2nd quarter worth about $35,000. Eastern Bank bought a new stake in Invesco Preferred ETF during the 3rd quarter valued at approximately $37,000. Finally, Ellis Investment Partners LLC acquired a new stake in Invesco Preferred ETF in the 3rd quarter valued at approximately $124,000.

Invesco Preferred ETF Stock Up 0.4 %

Shares of NYSEARCA PGX opened at $11.68 on Friday. Invesco Preferred ETF has a 12 month low of $11.23 and a 12 month high of $12.54. The business’s 50 day moving average is $11.71 and its two-hundred day moving average is $11.94.

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.