Marqeta Inc vs Invesco Preferred ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Invesco Preferred ETF trades at $10.79. The key difference: Marqeta Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| MQ | PGX | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | — |
52-Week High | $27.32 | $11.87 |
52-Week Low | $15.04 | $10.81 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
Read more on PGX →