Field & Main Bank Increases Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Field & Main Bank boosted its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 20.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,991 shares of the company’s stock after purchasing an additional 18,390 shares during the period. Field & Main Bank’s holdings in Invesco Preferred ETF were worth $1,239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. White Pine Capital LLC boosted its position in Invesco Preferred ETF by 47.2% in the fourth quarter. White Pine Capital LLC now owns 135,289 shares of the company’s stock worth $1,552,000 after purchasing an additional 43,352 shares during the last quarter. Headlands Technologies LLC raised its stake in shares of Invesco Preferred ETF by 712.3% in the fourth quarter. Headlands Technologies LLC now owns 7,278 shares of the company’s stock valued at $83,000 after buying an additional 6,382 shares during the period. NewSquare Capital LLC raised its stake in shares of Invesco Preferred ETF by 6.4% in the fourth quarter. NewSquare Capital LLC now owns 70,817 shares of the company’s stock valued at $812,000 after buying an additional 4,265 shares during the period. Capital Investment Advisory Services LLC raised its stake in shares of Invesco Preferred ETF by 13.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,467 shares of the company’s stock valued at $97,000 after buying an additional 1,003 shares during the period. Finally, CWM LLC raised its stake in shares of Invesco Preferred ETF by 14.2% in the fourth quarter. CWM LLC now owns 38,289 shares of the company’s stock valued at $439,000 after buying an additional 4,757 shares during the period.

Invesco Preferred ETF Stock Performance

Shares of PGX traded up $0.08 during mid-day trading on Monday, hitting $11.48. The stock had a trading volume of 2,672,090 shares, compared to its average volume of 3,798,167. The business has a fifty day moving average price of $11.76 and a 200-day moving average price of $11.43. Invesco Preferred ETF has a 52 week low of $10.14 and a 52 week high of $12.06.

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.