Invesco Preferred ETF (NYSEARCA:PGX) Shares Sold by Godshalk Welsh Capital Management Inc.

Godshalk Welsh Capital Management Inc. lessened its position in Invesco Preferred ETF (NYSEARCA:PGX) by 46.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,000 shares of the company’s stock after selling 46,208 shares during the period. Godshalk Welsh Capital Management Inc.’s holdings in Invesco Preferred ETF were worth $608,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PGX. NBC Securities Inc. acquired a new stake in shares of Invesco Preferred ETF in the 3rd quarter worth about $298,000. HBK Sorce Advisory LLC grew its position in Invesco Preferred ETF by 1.1% in the 3rd quarter. HBK Sorce Advisory LLC now owns 219,788 shares of the company’s stock valued at $2,407,000 after buying an additional 2,306 shares in the last quarter. GYL Financial Synergies LLC grew its position in Invesco Preferred ETF by 6.6% in the 3rd quarter. GYL Financial Synergies LLC now owns 257,057 shares of the company’s stock valued at $2,815,000 after buying an additional 15,844 shares in the last quarter. Wealthspire Advisors LLC bought a new position in Invesco Preferred ETF in the 3rd quarter valued at about $2,054,000. Finally, Atria Investments Inc grew its position in Invesco Preferred ETF by 7.3% in the 3rd quarter. Atria Investments Inc now owns 310,511 shares of the company’s stock valued at $3,400,000 after buying an additional 21,015 shares in the last quarter.

Invesco Preferred ETF Stock Performance

PGX traded up $0.11 on Friday, reaching $11.48. The company had a trading volume of 1,885,027 shares, compared to its average volume of 3,635,572. The company has a fifty day moving average of $11.63 and a 200-day moving average of $11.57. Invesco Preferred ETF has a one year low of $10.14 and a one year high of $12.06.

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.