Sanctuary Advisors LLC Raises Stock Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Sanctuary Advisors LLC raised its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 59.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 547,388 shares of the company’s stock after buying an additional 203,752 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco Preferred ETF were worth $6,541,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PGX. Tudor Financial Inc. purchased a new stake in shares of Invesco Preferred ETF in the 3rd quarter valued at approximately $2,026,000. Barclays PLC boosted its position in shares of Invesco Preferred ETF by 18,430.0% during the 3rd quarter. Barclays PLC now owns 555,900 shares of the company’s stock worth $6,865,000 after purchasing an additional 552,900 shares during the period. Jane Street Group LLC increased its holdings in Invesco Preferred ETF by 85.7% in 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 during the last quarter. Wolverine Trading LLC raised its position in Invesco Preferred ETF by 513.6% in the third 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. Finally, Stifel Financial Corp lifted its stake in Invesco Preferred ETF by 6.8% during the third quarter. Stifel Financial Corp now owns 951,769 shares of the company’s stock worth $11,754,000 after purchasing an additional 60,601 shares in the last quarter.

Invesco Preferred ETF Stock Performance

PGX opened at $11.74 on Friday. Invesco Preferred ETF has a 52 week low of $11.23 and a 52 week high of $12.54. The business has a fifty day simple moving average of $12.10 and a 200-day simple moving average of $11.95.

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.