International Assets Investment Management LLC decreased its position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report) by 84.2% during the third quarter, according to its most recent filing with the SEC. 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 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. purchased a new position in shares of Invesco Financial Preferred ETF in the 3rd quarter valued at approximately $962,000. North Star Investment Management Corp. purchased a new stake in Invesco Financial Preferred ETF in the third quarter worth $4,367,000. Financial Insights Inc. purchased a new stake in Invesco Financial Preferred ETF in the third quarter worth $219,000. Oppenheimer & Co. Inc. bought a new position in Invesco Financial Preferred ETF in the third quarter worth $359,000. Finally, Sowell Financial Services LLC bought a new position in Invesco Financial Preferred ETF in the third quarter worth $157,000.
Invesco Financial Preferred ETF Stock Performance
Invesco Financial Preferred ETF stock traded up $0.03 on Friday, hitting $12.60. 283,917 shares of the stock traded hands, compared to its average volume of 185,785. The business’s fifty day simple moving average is $12.86 and its 200 day simple moving average 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.
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