Rockefeller Capital Management L.P. Grows Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Rockefeller Capital Management L.P. increased its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 3.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 520,306 shares of the company’s stock after acquiring an additional 18,133 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco Preferred ETF were worth $5,999,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PGX. Bernard Wealth Management Corp. bought a new stake in shares of Invesco Preferred ETF in the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB bought a new position in Invesco Preferred ETF during the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Invesco Preferred ETF by 299.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock worth $32,000 after buying an additional 2,093 shares during the period. Kentucky Trust Co bought a new stake in Invesco Preferred ETF in the fourth quarter valued at $36,000. Finally, Roxbury Financial LLC acquired a new position in shares of Invesco Preferred ETF during the fourth quarter valued at $42,000.

Invesco Preferred ETF Stock Up 0.5 %

PGX stock opened at $10.94 on Friday. The firm’s 50-day simple moving average is $11.38 and its 200 day simple moving average is $11.72. Invesco Preferred ETF has a fifty-two week low of $10.70 and a fifty-two week high of $12.54.

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.