Janney Montgomery Scott LLC Boosts Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Janney Montgomery Scott LLC lifted its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 120.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,694 shares of the exchange traded fund’s stock after acquiring an additional 15,133 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco Financial Preferred ETF were worth $403,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in Invesco Financial Preferred ETF by 23,087.7% during the third quarter. JPMorgan Chase & Co. now owns 873,248 shares of the exchange traded fund’s stock worth $13,675,000 after purchasing an additional 869,482 shares during the last quarter. North Star Investment Management Corp. boosted its holdings in Invesco Financial Preferred ETF by 0.8% in the third quarter. North Star Investment Management Corp. now owns 301,423 shares of the exchange traded fund’s stock valued at $4,720,000 after acquiring an additional 2,287 shares during the last quarter. Investors Research Corp grew its position in Invesco Financial Preferred ETF by 15.2% during the third quarter. Investors Research Corp now owns 180,399 shares of the exchange traded fund’s stock valued at $2,825,000 after acquiring an additional 23,866 shares during the period. Integrated Advisors Network LLC increased its stake in Invesco Financial Preferred ETF by 11.0% during the third quarter. Integrated Advisors Network LLC now owns 139,274 shares of the exchange traded fund’s stock worth $2,181,000 after acquiring an additional 13,846 shares during the last quarter. Finally, Sterneck Capital Management LLC raised its holdings in shares of Invesco Financial Preferred ETF by 27.0% in the 4th quarter. Sterneck Capital Management LLC now owns 117,173 shares of the exchange traded fund’s stock worth $1,705,000 after purchasing an additional 24,928 shares during the period.

Invesco Financial Preferred ETF Stock Up 0.5 %

NYSEARCA PGF opened at $14.74 on Tuesday. Invesco Financial Preferred ETF has a 1-year low of $14.25 and a 1-year high of $15.95. The business’s 50-day simple moving average is $14.75 and its 200-day simple moving average is $15.14.

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.