MGB Wealth Management LLC boosted its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report) by 24.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,835 shares of the exchange traded fund’s stock after purchasing an additional 5,462 shares during the period. MGB Wealth Management LLC’s holdings in Invesco Financial Preferred ETF were worth $405,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC acquired a new position in shares of Invesco Financial Preferred ETF in the 3rd quarter valued at approximately $33,000. McClarren Financial Advisors Inc. raised its holdings in Invesco Financial Preferred ETF by 14,226.7% in the fourth quarter. McClarren Financial Advisors Inc. now owns 2,149 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 2,134 shares in the last quarter. Avior Wealth Management LLC raised its holdings in Invesco Financial Preferred ETF by 305.7% in the third quarter. Avior Wealth Management LLC now owns 3,006 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 2,265 shares in the last quarter. Farther Finance Advisors LLC bought a new position in Invesco Financial Preferred ETF during the 3rd quarter valued at $72,000. Finally, Financial Insights Inc. acquired a new position in Invesco Financial Preferred ETF during the 3rd quarter worth $157,000.
Invesco Financial Preferred ETF Stock Performance
Shares of Invesco Financial Preferred ETF stock opened at $14.64 on Thursday. Invesco Financial Preferred ETF has a 1 year low of $14.25 and a 1 year high of $15.95. The firm’s 50-day simple moving average is $14.73 and its 200-day simple moving average is $15.14.
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.
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