Rehmann Capital Advisory Group Increases Stock Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Rehmann Capital Advisory Group raised its stake in Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report) by 14.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,762 shares of the exchange traded fund’s stock after buying an additional 1,828 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Invesco Financial Preferred ETF were worth $225,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Magnus Financial Group LLC lifted its position in Invesco Financial Preferred ETF by 1.9% in the fourth quarter. Magnus Financial Group LLC now owns 75,349 shares of the exchange traded fund’s stock valued at $1,099,000 after buying an additional 1,398 shares during the last quarter. Stratos Wealth Partners LTD. lifted its position in Invesco Financial Preferred ETF by 7.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 28,626 shares of the exchange traded fund’s stock valued at $417,000 after buying an additional 2,069 shares during the last quarter. Dearborn Partners LLC lifted its position in Invesco Financial Preferred ETF by 19.5% in the fourth quarter. Dearborn Partners LLC now owns 21,432 shares of the exchange traded fund’s stock valued at $312,000 after buying an additional 3,500 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Invesco Financial Preferred ETF during the fourth quarter worth about $83,000. Finally, Cim LLC acquired a new stake in shares of Invesco Financial Preferred ETF during the fourth quarter worth about $5,675,000.

Invesco Financial Preferred ETF Stock Up 0.8 %

Shares of PGF traded up $0.12 during mid-day trading on Wednesday, hitting $14.86. 94,818 shares of the company’s stock were exchanged, compared to its average volume of 180,650. Invesco Financial Preferred ETF has a fifty-two week low of $13.03 and a fifty-two week high of $15.38. The stock’s 50-day moving average is $14.76 and its 200-day moving average is $14.89.

About Invesco Financial Preferred ETF

(Free Report)

PowerShares Financial Preferred Portfolio (the Fund) is a non-diversified fund. The Fund is based on the Wells Fargo Hybrid and Preferred Financial Index (WHPSF Financial Index) (the Index). The Index tracks the performance of the United States-listed securities issued by financial institutions. The Index is rebalanced monthly.

Further Reading

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Institutional Ownership by Quarter for Invesco Financial Preferred ETF (NYSEARCA:PGF)

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