Compass Financial Group Inc. Ohio bought a new position in shares of Invesco Preferred ETF (NYSEARCA:PGX – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 335,068 shares of the company’s stock, valued at approximately $3,766,000. Invesco Preferred ETF accounts for about 2.8% of Compass Financial Group Inc. Ohio’s investment portfolio, making the stock its 13th largest holding. Compass Financial Group Inc. Ohio owned approximately 0.10% of Invesco Preferred ETF at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in Invesco Preferred ETF in the fourth quarter valued at about $626,000. Goldman Sachs Group Inc. grew its holdings in shares of Invesco Preferred ETF by 57.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,874,427 shares of the company’s stock valued at $21,031,000 after acquiring an additional 683,754 shares in the last quarter. Jane Street Group LLC boosted its position in Invesco Preferred ETF by 181.6% during the first quarter. Jane Street Group LLC now owns 420,120 shares of the company’s stock worth $4,714,000 after purchasing an additional 270,939 shares during the period. Invesco Ltd. grew its holdings in shares of Invesco Preferred ETF by 1.5% during the 2nd quarter. Invesco Ltd. now owns 112,606 shares of the company’s stock worth $1,253,000 after purchasing an additional 1,693 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Invesco Preferred ETF during the 2nd quarter worth $679,000. 8.60% of the stock is currently owned by institutional investors.
Invesco Preferred ETF Price Performance
NYSEARCA:PGX opened at $10.99 on Friday. The firm’s fifty day moving average is $11.06 and its 200-day moving average is $11.20. Invesco Preferred ETF has a 52 week low of $10.84 and a 52 week high of $11.92.
About Invesco Preferred ETF
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.
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