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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSEARCA:PGX

Invesco Preferred ETF (PGX) Price, Holdings, & News

$11.31
-0.06 (-0.53%)
(As of 04/18/2024 ET)
Today's Range
$11.29
$11.39
50-Day Range
$11.30
$12.02
52-Week Range
$10.14
$12.06
Volume
3.98 million shs
Average Volume
3.85 million shs
Market Capitalization
$4.22 billion
Assets Under Management
$4.27 billion
Dividend Yield
6.28%
Net Expense Ratio
0.50%
PGX stock logo

About Invesco Preferred ETF (NYSEARCA:PGX)

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.

PGX Stock Price History

PGX ETF News Headlines

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See More Headlines
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Fund Details

Issuer
Invesco
Fund Name
Invesco Preferred ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:PGX
Inception Date
1/31/2008
Fund Manager
Peter Hubbard, Richard Ose, Tom Boksa, Gary Jones, Gregory Meisenger
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
ICE BofA Core Plus Fixed Rate Preferred Securities Index
Category
Strategy
Focus
Preferred Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
262

Fund Statistics

Assets Under Management
$4.27 billion
Average Daily Volume
$4.57 million
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
Invesco Capital Management LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Invesco Distributors, Inc.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Citadel

Options

Optionable
N/A
Short Interest
14,480,000 shs

Miscellaneous

Beta
0.57
Creation Unit
50,000
Creation Fee
$500.00
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Invesco Preferred ETF Expenses

TypePGXPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.50%0.54%0.50%0.51%
Other Expenses0.00%0.24%0.54%0.64%0.58%
Total Expense0.50%0.53%0.70%0.74%0.70%
Fee Waiver0.00%0.00%-0.55%-0.68%-0.57%
Net Expense0.50%0.55%0.60%0.58%0.58%

Invesco Preferred ETF (PGX) Holdings & Exposure

Top 10 PGX Holdings

  • JPMorgan Chase & Co
    Holding Weight: 1.83%
  • JPMorgan Chase & Co
    Holding Weight: 1.64%
  • Wells Fargo & Co
    Holding Weight: 1.62%
  • JPMorgan Chase & Co
    Holding Weight: 1.51%
  • JPMorgan Chase & Co
    Holding Weight: 1.49%
  • AT&T Inc
    Holding Weight: 1.34%
  • Bank of America Corp
    Holding Weight: 1.32%
  • Bank of America Corp
    Holding Weight: 1.32%
  • JPMorgan Chase & Co
    Holding Weight: 1.21%
  • AT&T Inc
    Holding Weight: 1.18%

PGX Sector Exposure

PGX Industry Exposure


PGX ETF - Frequently Asked Questions

How have PGX shares performed in 2024?

Invesco Preferred ETF's stock was trading at $11.47 at the beginning of the year. Since then, PGX stock has decreased by 1.4% and is now trading at $11.31.
View the best growth stocks for 2024 here
.

What does PGX invest in?

Invesco Preferred ETF is a equity fund issued by Invesco. PGX focuses on preferred stock investments and follows the ICE BofA Core Plus Fixed Rate Preferred Securities Index. The fund's investments total to approximately $4.27 billion assets under management.

What is the management fee for Invesco Preferred ETF?

Invesco Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for PGX is 0.50%.

What other stocks do shareholders of Invesco Preferred ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Preferred ETF investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Johnson & Johnson (JNJ), Walt Disney (DIS), Micron Technology (MU), iShares Preferred and Income Securities ETF (PFF), Home Depot (HD) and Intel (INTC).

Who are Invesco Preferred ETF's major shareholders?

Invesco Preferred ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Stonebridge Advisors LLC (0.41%), RFG Advisory LLC (0.11%), Sound Income Strategies LLC (0.09%), First PREMIER Bank (0.08%), First Hawaiian Bank (0.07%) and Charles Schwab Trust Co (0.05%).
View institutional ownership trends
.

How do I buy shares of Invesco Preferred ETF?

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

This page (NYSEARCA:PGX) was last updated on 4/18/2024 by MarketBeat.com Staff

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