Stone Point Wealth LLC Sells 1,125 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

by · The Markets Daily

Stone Point Wealth LLC cut its stake in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 4.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,650 shares of the company’s stock after selling 1,125 shares during the quarter. Stone Point Wealth LLC’s holdings in Invesco Preferred ETF were worth $280,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Invesco Preferred ETF during the 2nd quarter worth about $35,000. Eastern Bank acquired a new stake in shares of Invesco Preferred ETF during the third quarter worth approximately $37,000. Central Pacific Bank Trust Division acquired a new stake in shares of Invesco Preferred ETF during the first quarter worth approximately $46,000. Consultiva Wealth Management CORP. bought a new position in shares of Invesco Preferred ETF in the first quarter valued at approximately $96,000. Finally, Ellis Investment Partners LLC acquired a new position in shares of Invesco Preferred ETF in the 3rd quarter worth approximately $124,000.

Invesco Preferred ETF Stock Up 0.7 %

PGX stock opened at $12.19 on Friday. The business has a fifty day moving average price of $12.29 and a 200 day moving average price of $11.86. Invesco Preferred ETF has a fifty-two week low of $10.74 and a fifty-two week high of $12.54.

Invesco Preferred ETF Profile

(Free Report)

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.

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