Invesco Financial Preferred ETF (NYSEARCA:PGF) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC raised its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 31.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,144 shares of the exchange traded fund’s stock after purchasing an additional 6,485 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Invesco Financial Preferred ETF were worth $414,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PGF. Janney Montgomery Scott LLC raised its stake in Invesco Financial Preferred ETF by 6.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 14,265 shares of the exchange traded fund’s stock valued at $201,000 after purchasing an additional 875 shares during the last quarter. Baker Avenue Asset Management LP raised its position in shares of Invesco Financial Preferred ETF by 10.1% in the third quarter. Baker Avenue Asset Management LP now owns 148,609 shares of the exchange traded fund’s stock valued at $2,089,000 after buying an additional 13,678 shares during the last quarter. Crestwood Advisors Group LLC purchased a new position in shares of Invesco Financial Preferred ETF in the third quarter worth about $402,000. Panoramic Investment Advisors LLC acquired a new stake in shares of Invesco Financial Preferred ETF in the 3rd quarter worth $192,000. Finally, Financial Gravity Asset Management Inc. raised its stake in Invesco Financial Preferred ETF by 147,314.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 20,638 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 20,624 shares during the period.

Invesco Financial Preferred ETF Stock Down 0.6 %

NYSEARCA PGF opened at $14.73 on Monday. The stock has a 50-day moving average of $14.73 and a two-hundred day moving average of $14.88. Invesco Financial Preferred ETF has a 1-year low of $13.03 and a 1-year high of $15.38.

Invesco Financial Preferred ETF 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.