Freedom Investment Management Inc. Sells 1,236 Shares of Invesco Financial Preferred ETF $PGF

Freedom Investment Management Inc. lessened its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,640 shares of the exchange traded fund’s stock after selling 1,236 shares during the quarter. Freedom Investment Management Inc.’s holdings in Invesco Financial Preferred ETF were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PGF. Rogco LP increased its stake in Invesco Financial Preferred ETF by 147.7% in the second quarter. Rogco LP now owns 3,619 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 2,158 shares during the last quarter. Garrison Bradford & Associates Inc. bought a new position in Invesco Financial Preferred ETF in the first quarter valued at $71,000. Ameritas Advisory Services LLC bought a new position in Invesco Financial Preferred ETF in the second quarter valued at $84,000. Matauro LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at about $141,000. Finally, City Center Advisors LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at about $142,000.

Invesco Financial Preferred ETF Stock Up 0.1%

Shares of NYSEARCA:PGF opened at $14.59 on Friday. The stock’s 50-day moving average price is $14.64 and its 200-day moving average price is $14.28. Invesco Financial Preferred ETF has a 12-month low of $13.61 and a 12-month high of $15.60.

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.