UBS Group AG trimmed its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report) by 5.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,321,542 shares of the exchange traded fund’s stock after selling 79,962 shares during the period. UBS Group AG’s holdings in Invesco Financial Preferred ETF were worth $18,687,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in Invesco Financial Preferred ETF by 9.5% during the third quarter. Bank of America Corp DE now owns 740,240 shares of the exchange traded fund’s stock valued at $10,822,000 after purchasing an additional 64,090 shares in the last quarter. Investors Research Corp raised its stake in shares of Invesco Financial Preferred ETF by 8.7% in the fourth quarter. Investors Research Corp now owns 322,794 shares of the exchange traded fund’s stock worth $4,564,000 after buying an additional 25,710 shares during the period. Signal Advisors Wealth LLC raised its stake in shares of Invesco Financial Preferred ETF by 14.0% in the fourth quarter. Signal Advisors Wealth LLC now owns 244,105 shares of the exchange traded fund’s stock worth $3,452,000 after buying an additional 30,016 shares during the period. Royal Bank of Canada lifted its position in shares of Invesco Financial Preferred ETF by 1.8% during the 1st quarter. Royal Bank of Canada now owns 140,584 shares of the exchange traded fund’s stock valued at $2,009,000 after buying an additional 2,460 shares in the last quarter. Finally, Sterneck Capital Management LLC lifted its position in shares of Invesco Financial Preferred ETF by 7.1% during the 4th quarter. Sterneck Capital Management LLC now owns 136,034 shares of the exchange traded fund’s stock valued at $1,924,000 after buying an additional 9,075 shares in the last quarter.
Invesco Financial Preferred ETF Trading Down 0.1%
Shares of NYSEARCA:PGF opened at $14.08 on Tuesday. The stock has a 50 day moving average of $14.05 and a 200 day moving average of $14.21. Invesco Financial Preferred ETF has a 12-month low of $13.70 and a 12-month high of $15.00.
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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