Invesco Financial Preferred ETF $PGF Position Trimmed by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 84.2% in the third quarter, Holdings Channel.com reports. The firm owned 10,000 shares of the exchange traded fund’s stock after selling 53,482 shares during the period. International Assets Investment Management LLC’s holdings in Invesco Financial Preferred ETF were worth $127,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Investors Research Corp lifted its holdings in shares of Invesco Financial Preferred ETF by 8.7% during the third quarter. Investors Research Corp now owns 411,899 shares of the exchange traded fund’s stock valued at $5,248,000 after purchasing an additional 32,958 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in shares of Invesco Financial Preferred ETF in the 3rd quarter worth approximately $4,367,000. Signal Advisors Wealth LLC grew its stake in shares of Invesco Financial Preferred ETF by 11.1% in the 3rd quarter. Signal Advisors Wealth LLC now owns 335,987 shares of the exchange traded fund’s stock worth $4,280,000 after buying an additional 33,485 shares during the last quarter. Sanctuary Advisors LLC increased its position in Invesco Financial Preferred ETF by 26.3% during the 1st quarter. Sanctuary Advisors LLC now owns 137,029 shares of the exchange traded fund’s stock valued at $1,886,000 after buying an additional 28,518 shares in the last quarter. Finally, Royal Bank of Canada increased its position in Invesco Financial Preferred ETF by 13.2% during the 1st quarter. Royal Bank of Canada now owns 130,368 shares of the exchange traded fund’s stock valued at $1,794,000 after buying an additional 15,208 shares in the last quarter.

Invesco Financial Preferred ETF Stock Up 0.2%

NYSEARCA:PGF traded up $0.03 during trading hours on Friday, reaching $12.60. 283,917 shares of the company traded hands, compared to its average volume of 185,785. The business’s 50-day moving average price is $12.86 and its two-hundred day moving average price is $13.65. Invesco Financial Preferred ETF has a 1 year low of $12.45 and a 1 year high of $14.51.

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. The Fund normally invests at least 90% of its total assets in preferred securities that consists of the Index. The Fund may contain securities in the financial and insurance sectors.