Sunbelt Securities Inc. Sells 3,133 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Sunbelt Securities Inc. trimmed its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 49.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,210 shares of the company’s stock after selling 3,133 shares during the quarter. Sunbelt Securities Inc.’s holdings in Invesco Preferred ETF were worth $40,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PGX. Barclays PLC lifted its holdings in Invesco Preferred ETF by 18,430.0% during the third quarter. Barclays PLC now owns 555,900 shares of the company’s stock worth $6,865,000 after acquiring an additional 552,900 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Invesco Preferred ETF by 85.7% during the 3rd quarter. Jane Street Group LLC now owns 75,421 shares of the company’s stock valued at $931,000 after purchasing an additional 34,804 shares in the last quarter. Wolverine Trading LLC grew its position in shares of Invesco Preferred ETF by 513.6% in the 3rd quarter. Wolverine Trading LLC now owns 260,602 shares of the company’s stock valued at $3,242,000 after purchasing an additional 218,132 shares during the period. Stifel Financial Corp grew its position in shares of Invesco Preferred ETF by 6.8% in the 3rd quarter. Stifel Financial Corp now owns 951,769 shares of the company’s stock valued at $11,754,000 after purchasing an additional 60,601 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in Invesco Preferred ETF by 0.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 387,083 shares of the company’s stock worth $4,780,000 after purchasing an additional 1,519 shares in the last quarter.

Invesco Preferred ETF Stock Down 0.6 %

Shares of PGX opened at $11.74 on Monday. Invesco Preferred ETF has a twelve month low of $11.23 and a twelve month high of $12.54. The firm’s 50 day moving average price is $12.10 and its two-hundred day moving average price is $11.95.

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.