Private Advisor Group LLC Cuts Stock Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Private Advisor Group LLC lessened its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 460,620 shares of the exchange traded fund’s stock after selling 75,734 shares during the quarter. Private Advisor Group LLC owned about 0.75% of Invesco Financial Preferred ETF worth $6,702,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco Financial Preferred ETF by 4.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,075 shares of the exchange traded fund’s stock worth $283,000 after purchasing an additional 741 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of Invesco Financial Preferred ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 45,022 shares of the exchange traded fund’s stock worth $705,000 after purchasing an additional 752 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of Invesco Financial Preferred ETF by 4.2% during the third quarter. Citizens Financial Group Inc. RI now owns 24,409 shares of the exchange traded fund’s stock worth $382,000 after purchasing an additional 994 shares during the last quarter. HF Advisory Group LLC raised its stake in shares of Invesco Financial Preferred ETF by 5.6% during the third quarter. HF Advisory Group LLC now owns 18,722 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 997 shares during the last quarter. Finally, MGB Wealth Management LLC raised its stake in shares of Invesco Financial Preferred ETF by 5.3% during the third quarter. MGB Wealth Management LLC now owns 22,373 shares of the exchange traded fund’s stock worth $350,000 after purchasing an additional 1,124 shares during the last quarter.

Invesco Financial Preferred ETF Stock Up 0.1 %

Shares of PGF stock opened at $14.75 on Friday. The business’s fifty day moving average price is $14.69 and its 200 day moving average price is $15.13. Invesco Financial Preferred ETF has a 1-year low of $14.25 and a 1-year high of $15.95.

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.