Bank of New Hampshire Has $150,000 Holdings in Invesco Preferred ETF (NYSEARCA:PGX)

Bank of New Hampshire cut its holdings in Invesco Preferred ETF (NYSEARCA:PGX) by 22.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,050 shares of the company’s stock after selling 3,770 shares during the quarter. Bank of New Hampshire’s holdings in Invesco Preferred ETF were worth $150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. NewSquare Capital LLC increased its holdings in Invesco Preferred ETF by 6.4% during the fourth quarter. NewSquare Capital LLC now owns 70,817 shares of the company’s stock worth $812,000 after buying an additional 4,265 shares during the last quarter. Capital Investment Advisory Services LLC increased its holdings in Invesco Preferred ETF by 13.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 8,467 shares of the company’s stock worth $97,000 after buying an additional 1,003 shares during the last quarter. CWM LLC increased its holdings in Invesco Preferred ETF by 14.2% during the fourth quarter. CWM LLC now owns 38,289 shares of the company’s stock worth $439,000 after buying an additional 4,757 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in Invesco Preferred ETF during the fourth quarter worth $34,000. Finally, Western Wealth Management LLC increased its holdings in Invesco Preferred ETF by 225.1% during the fourth quarter. Western Wealth Management LLC now owns 83,924 shares of the company’s stock worth $963,000 after buying an additional 58,109 shares during the last quarter.

Invesco Preferred ETF Trading Down 1.0 %

PGX stock traded down $0.12 during midday trading on Thursday, reaching $11.40. 4,425,543 shares of the company were exchanged, compared to its average volume of 3,805,824. The business has a 50-day moving average price of $11.78 and a two-hundred day moving average price of $11.41. 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.