Patriot Investment Management Group 13F: Exits PGX Stake

Patriot Investment Management Group completely exited its investment in Invesco Preferred ETF (NYSEArca: PGX) during the quarter, according to a Form 13F filing with the SEC on October 15, 2026. Institutional filings provide a retrospective look at fund portfolios from the end of the period and may not reflect current holdings.

What Changed in Patriot Investment Management Group's Invesco Preferred ETF Position

The firm sold out of the fund entirely, cutting its holdings by 18,340 shares to finish the period with zero shares remaining. This complete liquidation wiped out a position that previously stood at 18,340 shares. Because 13F reports look backward, the actual sale transactions occurred over the course of the quarter before the filing date.

Invesco Preferred ETF Stock Down 0.3%

Shares of Invesco Preferred ETF recently traded around $10.05 as of October 16, 2026. The fund moves within a 52-week range of $9.93 to $11.64. Its 50-day moving average sits near $10.40, while the 200-day moving average rests around $10.93.

Dividend

Invesco Preferred ETF currently pays an annualized dividend yield of 6.85%. Income-focused investors often look to preferred stock funds for yield generation within their portfolios.

About Invesco Preferred ETF

Invesco Preferred ETF is an exchange-traded fund that focuses on the U.S. dollar-denominated preferred securities market. The fund tracks an index designed to measure the performance of fixed-rate preferred stock issued domestically. It typically directs the vast majority of its total assets toward components of its target index.

Bottom Line

Patriot Investment Management Group's decision to close out its PGX holding removes the fund from its portfolio entirely. Market watchers will review future SEC disclosures to see if the firm re-establishes a position in the preferred stock fund later on.