Noesis Capital Mangement Corp Has $5.42 Million Stock Position in Invesco Preferred ETF (NYSEARCA:PGX)

Noesis Capital Mangement Corp lessened its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 438,530 shares of the company’s stock after selling 3,620 shares during the quarter. Noesis Capital Mangement Corp owned about 0.12% of Invesco Preferred ETF worth $5,416,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Invesco Preferred ETF in the second quarter valued at approximately $35,000. Eastern Bank bought a new position in Invesco Preferred ETF in the 3rd quarter valued at $37,000. Ellis Investment Partners LLC acquired a new stake in shares of Invesco Preferred ETF in the 3rd quarter valued at $124,000. Orrstown Financial Services Inc. bought a new stake in shares of Invesco Preferred ETF during the third quarter worth $124,000. Finally, Duncker Streett & Co. Inc. lifted its stake in shares of Invesco Preferred ETF by 22.2% during the second quarter. Duncker Streett & Co. Inc. now owns 11,000 shares of the company’s stock valued at $127,000 after acquiring an additional 2,000 shares during the period.

Invesco Preferred ETF Trading Up 0.3 %

Invesco Preferred ETF stock opened at $11.93 on Thursday. The business’s 50-day simple moving average is $12.23 and its 200 day simple moving average is $11.92. Invesco Preferred ETF has a 12-month low of $11.01 and a 12-month high of $12.54.

Invesco Preferred ETF 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.