Invesco Financial Preferred ETF (NYSEARCA:PGF) Shares Purchased by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group raised its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 43.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 16,214 shares of the exchange traded fund’s stock after acquiring an additional 4,948 shares during the period. Rehmann Capital Advisory Group’s holdings in Invesco Financial Preferred ETF were worth $236,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PGF. Promus Capital LLC purchased a new position in Invesco Financial Preferred ETF in the fourth quarter worth approximately $31,000. McClarren Financial Advisors Inc. increased its position in shares of Invesco Financial Preferred ETF by 14,226.7% during the 4th quarter. McClarren Financial Advisors Inc. now owns 2,149 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 2,134 shares during the last quarter. Allworth Financial LP raised its holdings in Invesco Financial Preferred ETF by 967.6% in the 4th quarter. Allworth Financial LP now owns 2,936 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 2,661 shares during the period. Vision Financial Markets LLC acquired a new position in Invesco Financial Preferred ETF in the fourth quarter valued at about $58,000. Finally, Principal Securities Inc. lifted its position in Invesco Financial Preferred ETF by 36.6% in the fourth quarter. Principal Securities Inc. now owns 5,598 shares of the exchange traded fund’s stock valued at $81,000 after buying an additional 1,500 shares during the last quarter.

Invesco Financial Preferred ETF Trading Up 0.6 %

Shares of PGF opened at $14.08 on Friday. The firm has a 50-day simple moving average of $14.29 and a two-hundred day simple moving average of $14.72. Invesco Financial Preferred ETF has a 1-year low of $13.62 and a 1-year high of $15.95.

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.