Integrity Alliance LLC. Purchases New Holdings in Invesco Preferred ETF $PGX

Integrity Alliance LLC. purchased a new stake in shares of Invesco Preferred ETF (NYSEARCA:PGX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 59,879 shares of the company’s stock, valued at approximately $673,000.

Several other large investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in Invesco Preferred ETF by 2.1% during the third quarter. Bank of America Corp DE now owns 65,973,646 shares of the company’s stock valued at $765,294,000 after purchasing an additional 1,333,558 shares during the last quarter. Spectrum Asset Management Inc. boosted its position in Invesco Preferred ETF by 47.9% during the fourth quarter. Spectrum Asset Management Inc. now owns 5,372,426 shares of the company’s stock valued at $60,386,000 after purchasing an additional 1,739,156 shares during the last quarter. UBS Group AG lifted its position in shares of Invesco Preferred ETF by 32.2% in the fourth quarter. UBS Group AG now owns 5,345,570 shares of the company’s stock valued at $60,084,000 after buying an additional 1,300,981 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco Preferred ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 4,437,063 shares of the company’s stock valued at $51,470,000 after buying an additional 298,013 shares during the last quarter. Finally, Allworth Financial LP lifted its position in shares of Invesco Preferred ETF by 4.7% in the fourth quarter. Allworth Financial LP now owns 3,194,448 shares of the company’s stock valued at $35,906,000 after buying an additional 144,402 shares during the last quarter. 8.60% of the stock is owned by institutional investors and hedge funds.

Invesco Preferred ETF Stock Down 0.3%

PGX opened at $11.01 on Friday. Invesco Preferred ETF has a 12-month low of $10.86 and a 12-month high of $11.92. The business has a 50 day moving average of $11.07 and a 200-day moving average of $11.24.

Invesco Preferred ETF Company 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.