Hyposwiss Advisors SA Purchases New Holdings in Invesco Preferred ETF $PGX

Hyposwiss Advisors SA purchased a new stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) in the 4th quarter, Holdings Channel reports. The fund purchased 47,070 shares of the company’s stock, valued at approximately $529,000.

Other large investors have also recently bought and sold shares of the company. Triumph Capital Management acquired a new position in Invesco Preferred ETF during the third quarter valued at approximately $29,000. Ransom Advisory Ltd acquired a new position in Invesco Preferred ETF during the fourth quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new position in Invesco Preferred ETF during the fourth quarter valued at approximately $55,000. EverSource Wealth Advisors LLC boosted its position in Invesco Preferred ETF by 93.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 6,003 shares of the company’s stock valued at $67,000 after purchasing an additional 2,903 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Invesco Preferred ETF during the third quarter valued at approximately $70,000. 8.60% of the stock is owned by institutional investors and hedge funds.

Invesco Preferred ETF Price Performance

Shares of NYSEARCA PGX opened at $10.96 on Thursday. The stock has a 50 day moving average price of $11.06 and a 200 day moving average price of $11.20. Invesco Preferred ETF has a 52 week low of $10.84 and a 52 week high of $11.92.

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. 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.