Invesco Financial Preferred ETF (NYSEARCA:PGF) Share Price Passes Above 200 Day Moving Average of $14.91

Invesco Financial Preferred ETF (NYSEARCA:PGF) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.91 and traded as high as $15.21. Invesco Financial Preferred ETF shares last traded at $15.17, with a volume of 111,763 shares changing hands.

Invesco Financial Preferred ETF Price Performance

The company has a 50 day simple moving average of $14.91 and a 200-day simple moving average of $14.91.

Hedge Funds Weigh In On Invesco Financial Preferred ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in shares of Invesco Financial Preferred ETF during the second quarter valued at approximately $40,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at approximately $52,000. Lynx Investment Advisory bought a new stake in Invesco Financial Preferred ETF in the second quarter valued at $60,000. Principal Securities Inc. purchased a new position in Invesco Financial Preferred ETF during the 4th quarter valued at $77,000. Finally, PFG Investments LLC purchased a new stake in shares of Invesco Financial Preferred ETF in the 1st quarter worth about $160,000.

Invesco Financial Preferred ETF Company 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.