KG&L Capital Management LLC Buys 1,140 Shares of Invesco Preferred ETF (NYSEARCA:PGX)

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KG&L Capital Management LLC increased its stake in Invesco Preferred ETF (NYSEARCA:PGX) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,148 shares of the company’s stock after acquiring an additional 1,140 shares during the quarter. Invesco Preferred ETF accounts for approximately 1.1% of KG&L Capital Management LLC’s portfolio, making the stock its 29th largest position. KG&L Capital Management LLC’s holdings in Invesco Preferred ETF were worth $1,428,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. FMR LLC increased its stake in Invesco Preferred ETF by 517.1% during the 1st quarter. FMR LLC now owns 2,018 shares of the company’s stock valued at $29,000 after purchasing an additional 1,691 shares in the last quarter. Citigroup Inc. increased its stake in Invesco Preferred ETF by 3.2% during the 4th quarter. Citigroup Inc. now owns 37,321 shares of the company’s stock valued at $560,000 after purchasing an additional 1,145 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco Preferred ETF by 26.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 424,550 shares of the company’s stock worth $6,373,000 after acquiring an additional 88,782 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Invesco Preferred ETF by 74.8% during the 4th quarter. Renaissance Technologies LLC now owns 622,978 shares of the company’s stock worth $9,351,000 after acquiring an additional 266,582 shares during the last quarter. Finally, Change Path LLC boosted its holdings in Invesco Preferred ETF by 7.2% during the 4th quarter. Change Path LLC now owns 24,288 shares of the company’s stock worth $364,000 after acquiring an additional 1,641 shares during the last quarter.

PGX traded down $0.03 during mid-day trading on Thursday, reaching $14.22. 6,382 shares of the stock were exchanged, compared to its average volume of 3,935,555. The company has a 50 day moving average price of $14.27 and a two-hundred day moving average price of $14.29. Invesco Preferred ETF has a 1 year low of $9.71 and a 1 year high of $15.28.

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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