MassMutual Private Wealth & Trust FSB Purchases 21,729 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

MassMutual Private Wealth & Trust FSB boosted its position in shares of Invesco Preferred ETF (NYSEARCA:PGX) by 104.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,629 shares of the company’s stock after acquiring an additional 21,729 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Invesco Preferred ETF were worth $492,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco Preferred ETF during the 3rd quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Invesco Preferred ETF by 299.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,793 shares of the company’s stock valued at $32,000 after buying an additional 2,093 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in Invesco Preferred ETF during the second quarter valued at approximately $35,000. Eastern Bank bought a new position in Invesco Preferred ETF in the third quarter worth approximately $37,000. Finally, Ellis Investment Partners LLC purchased a new position in shares of Invesco Preferred ETF during the 3rd quarter worth $124,000.

Invesco Preferred ETF Price Performance

Shares of PGX stock opened at $11.69 on Wednesday. Invesco Preferred ETF has a 1 year low of $11.23 and a 1 year high of $12.54. The firm has a fifty day moving average price of $11.74 and a 200-day moving average price of $11.95.

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.