Huntington National Bank increased its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 9.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,572,738 shares of the company’s stock after purchasing an additional 215,967 shares during the quarter. Huntington National Bank owned approximately 0.74% of Invesco Preferred ETF worth $37,638,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Trinity Legacy Partners LLC acquired a new position in Invesco Preferred ETF in the fourth quarter valued at $25,435,000. Advisors Preferred LLC acquired a new position in Invesco Preferred ETF in the first quarter valued at $4,462,000. Edge Wealth Management LLC lifted its holdings in Invesco Preferred ETF by 32.4% in the first quarter. Edge Wealth Management LLC now owns 1,448,677 shares of the company’s stock valued at $20,964,000 after buying an additional 354,837 shares during the period. Appleton Group LLC acquired a new position in Invesco Preferred ETF in the first quarter valued at $4,863,000. Finally, Rockefeller Capital Management L.P. acquired a new position in Invesco Preferred ETF in the first quarter valued at $3,301,000.

PGX stock traded up $0.01 during midday trading on Friday, hitting $14.85. The stock had a trading volume of 1,125,944 shares, compared to its average volume of 2,047,692. Invesco Preferred ETF has a 1-year low of $13.12 and a 1-year high of $14.89. The company’s fifty day moving average price is $14.72.

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.

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Institutional Ownership by Quarter for Invesco Preferred ETF (NYSEARCA:PGX)

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