NYSEARCA:PGX - Invesco Preferred ETF Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$14.63 +0.06 (+0.41 %)
(As of 07/22/2018 07:00 AM ET)
Previous Close$14.63
Today's Range$14.58 - $14.64
52-Week Range$14.10 - $15.20
Volume1.80 million shs
Average Volume1.97 million shs
Market Capitalization$5.35 billion
P/E RatioN/A
Dividend Yield5.70%
BetaN/A
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. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index. The Fund invests in sectors, such as basic materials, financial, utilities and unclassified. Invesco PowerShares Capital Management LLC. is the investment adviser.

Receive PGX News and Ratings via Email

Sign-up to receive the latest news and ratings for PGX and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer Invesco PowerShares
Fund NameInvesco Preferred ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:PGX
Inception Date1/31/2008
Fund ManagerPeter Hubbard, Philip Fang, Jeffrey W. Kernagis, Gary Jones, Richard Ose
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkBofAML Preferred Stock Fixed Rate TR USD
CategoryStrategy
FocusPreferred Stock
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$5.14 billion
Average Daily Volume$1.92 million
Discount/Premium0.07%

ETF Expenses

Management Fee0.50%
Other Expenses0.01%
Total Expenses0.51%
Fee Waiver0.00%
Net Expenses0.51%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCitadel

Geographic Exposure of Invesco Preferred ETF (NYSEARCA:PGX)
Currency Exposure of Invesco Preferred ETF (NYSEARCA:PGX)
Sector Exposure of Invesco Preferred ETF (NYSEARCA:PGX)
Industry Exposure of Invesco Preferred ETF (NYSEARCA:PGX)

Invesco Preferred ETF (NYSEARCA:PGX) Frequently Asked Questions

What is Invesco Preferred ETF's stock symbol?

Invesco Preferred ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PGX."

How often does Invesco Preferred ETF pay dividends? What is the dividend yield for Invesco Preferred ETF?

Invesco Preferred ETF declared a monthly dividend on Monday, June 18th. Stockholders of record on Tuesday, June 19th will be given a dividend of $0.067 per share on Friday, June 29th. This represents a $0.80 annualized dividend and a dividend yield of 5.50%. The ex-dividend date is Monday, June 18th. View Invesco Preferred ETF's Dividend History.

What is the consensus analysts' recommendation for Invesco Preferred ETF?

0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco Preferred ETF in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."

Has Invesco Preferred ETF been receiving favorable news coverage?

News stories about PGX stock have trended somewhat positive on Sunday, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Invesco Preferred ETF earned a daily sentiment score of 0.15 on Accern's scale. They also gave media coverage about the company an impact score of 47.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Invesco Preferred ETF's major shareholders?

Invesco Preferred ETF's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Huntington National Bank (0.63%), Creative Planning (0.58%), CMH Wealth Management LLC (0.10%), Biltmore Wealth Management LLC (0.07%), Tompkins Financial Corp (0.07%) and Cornerstone Wealth Management LLC (0.03%). View Institutional Ownership Trends for Invesco Preferred ETF.

Which major investors are selling Invesco Preferred ETF stock?

PGX stock was sold by a variety of institutional investors in the last quarter, including Creative Planning, Huntington National Bank, Biltmore Wealth Management LLC and Steward Partners Investment Advisory LLC. View Insider Buying and Selling for Invesco Preferred ETF.

Which major investors are buying Invesco Preferred ETF stock?

PGX stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, CMH Wealth Management LLC, GWM Advisors LLC, TRUE Private Wealth Advisors, Tompkins Financial Corp and Benjamin F. Edwards & Company Inc.. View Insider Buying and Selling for Invesco Preferred ETF.

How do I buy shares of Invesco Preferred ETF?

Shares of PGX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Invesco Preferred ETF's stock price today?

One share of PGX stock can currently be purchased for approximately $14.63.

How big of a company is Invesco Preferred ETF?

Invesco Preferred ETF has a market capitalization of $5.35 billion.


MarketBeat Community Rating for Invesco Preferred ETF (NYSEARCA PGX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  104
MarketBeat's community ratings are surveys of what our community members think about Invesco Preferred ETF and other stocks. Vote "Outperform" if you believe PGX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.