Integrated Advisors Network LLC Sells 48,010 Shares of Invesco Financial Preferred ETF $PGF

Integrated Advisors Network LLC lowered its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 79.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,229 shares of the exchange traded fund’s stock after selling 48,010 shares during the period. Integrated Advisors Network LLC’s holdings in Invesco Financial Preferred ETF were worth $168,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. North Star Investment Management Corp. increased its position in shares of Invesco Financial Preferred ETF by 19.0% during the first quarter. North Star Investment Management Corp. now owns 318,191 shares of the exchange traded fund’s stock worth $4,378,000 after purchasing an additional 50,749 shares in the last quarter. Keudell Morrison Wealth Management acquired a new stake in shares of Invesco Financial Preferred ETF in the 1st quarter worth $210,000. Sterneck Capital Management LLC grew its stake in Invesco Financial Preferred ETF by 5.8% during the 1st quarter. Sterneck Capital Management LLC now owns 143,954 shares of the exchange traded fund’s stock worth $1,981,000 after buying an additional 7,920 shares during the last quarter. Bayban purchased a new position in Invesco Financial Preferred ETF during the 4th quarter worth $55,000. Finally, Osaic Holdings Inc. increased its position in Invesco Financial Preferred ETF by 2.6% during the 4th quarter. Osaic Holdings Inc. now owns 91,438 shares of the exchange traded fund’s stock valued at $1,293,000 after buying an additional 2,307 shares in the last quarter.

Invesco Financial Preferred ETF Trading Up 0.1%

Invesco Financial Preferred ETF stock traded up $0.01 during midday trading on Friday, reaching $13.72. The company’s stock had a trading volume of 82,727 shares, compared to its average volume of 144,199. The stock’s 50-day simple moving average is $13.81 and its 200-day simple moving average is $14.05. Invesco Financial Preferred ETF has a 52-week low of $13.61 and a 52-week high of $15.00.

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. 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.