Northstar Advisory Group LLC Sells 1,005 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

Northstar Advisory Group LLC lessened its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,998 shares of the company’s stock after selling 1,005 shares during the period. Northstar Advisory Group LLC’s holdings in Invesco Preferred ETF were worth $401,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PGX. FMR LLC lifted its stake in Invesco Preferred ETF by 8,789.3% in the 3rd quarter. FMR LLC now owns 2,489 shares of the company’s stock valued at $27,000 after purchasing an additional 2,461 shares during the last quarter. Ambassador Advisors LLC raised its position in Invesco Preferred ETF by 168.3% during the first quarter. Ambassador Advisors LLC now owns 2,688 shares of the company’s stock valued at $30,000 after purchasing an additional 1,686 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of Invesco Preferred ETF during the fourth quarter worth $32,000. Farther Finance Advisors LLC increased its holdings in shares of Invesco Preferred ETF by 148.9% during the second quarter. Farther Finance Advisors LLC now owns 2,800 shares of the company’s stock worth $32,000 after buying an additional 1,675 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in Invesco Preferred ETF during the second quarter valued at $34,000.

Invesco Preferred ETF Price Performance

PGX stock opened at $11.99 on Thursday. Invesco Preferred ETF has a 1 year low of $10.14 and a 1 year high of $12.06. The company’s 50-day moving average is $11.83 and its 200-day moving average is $11.31.

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.