Invesco Financial Preferred ETF (NYSEARCA:PGF – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $12.55 and last traded at $12.5650, with a volume of 45,708 shares trading hands. The stock had previously closed at $12.56.
Invesco Financial Preferred ETF Stock Performance
The business has a fifty day simple moving average of $13.09 and a 200 day simple moving average of $13.56.
Institutional Trading of Invesco Financial Preferred ETF
Large investors have recently bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of Invesco Financial Preferred ETF in the first quarter valued at approximately $1,021,000. Citadel Advisors LLC bought a new stake in Invesco Financial Preferred ETF during the 2nd quarter valued at $844,000. North Star Investment Management Corp. boosted its holdings in Invesco Financial Preferred ETF by 19.0% in the first quarter. North Star Investment Management Corp. now owns 318,191 shares of the exchange traded fund’s stock valued at $4,378,000 after acquiring an additional 50,749 shares in the last quarter. Signal Advisors Wealth LLC grew its holdings in shares of Invesco Financial Preferred ETF by 11.1% during the 3rd quarter. Signal Advisors Wealth LLC now owns 335,987 shares of the exchange traded fund’s stock worth $4,280,000 after acquiring an additional 33,485 shares during the period. Finally, Investors Research Corp boosted its position 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 in the last quarter.
About Invesco Financial Preferred ETF
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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