Lynx Investment Advisory purchased a new position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,105 shares of the exchange traded fund’s stock, valued at approximately $60,000.
Other hedge funds have also recently modified their holdings of the company. Baystate Wealth Management LLC acquired a new position in shares of Invesco Financial Preferred ETF in the 4th quarter valued at $30,000. Friedenthal Financial acquired a new stake in Invesco Financial Preferred ETF during the 4th quarter valued at approximately $70,000. Principal Securities Inc. purchased a new stake in Invesco Financial Preferred ETF in the fourth quarter valued at $77,000. Allworth Financial LP grew its position in Invesco Financial Preferred ETF by 2,036.4% during the 4th quarter. Allworth Financial LP now owns 5,875 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 5,600 shares during the period. Finally, PFG Investments LLC purchased a new position in shares of Invesco Financial Preferred ETF during the 1st quarter valued at about $160,000.
Invesco Financial Preferred ETF Stock Up 0.6 %
PGF stock traded up $0.09 during trading on Wednesday, hitting $14.90. 83,259 shares of the company traded hands, compared to its average volume of 179,544. The stock’s 50-day simple moving average is $14.83 and its 200 day simple moving average is $14.91. Invesco Financial Preferred ETF has a 1 year low of $13.03 and a 1 year high of $15.38.
Invesco Financial Preferred ETF Profile
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.
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