Invesco Financial Preferred ETF (NYSEARCA:PGF – Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as $13.01 and last traded at $12.9760, with a volume of 48425 shares. The stock had previously closed at $13.10.
Invesco Financial Preferred ETF Price Performance
The firm’s 50-day moving average price is $13.44 and its 200-day moving average price is $13.74.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in PGF. Investors Research Corp lifted its holdings in shares of Invesco Financial Preferred ETF by 7.4% in the second quarter. Investors Research Corp now owns 378,941 shares of the exchange traded fund’s stock worth $5,195,000 after buying an additional 26,222 shares in the last quarter. North Star Investment Management Corp. grew its stake in 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 valued at $4,378,000 after acquiring an additional 50,749 shares in the last quarter. Sterneck Capital Management LLC increased its holdings 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 acquiring an additional 7,920 shares during the period. Sanctuary Advisors LLC increased its holdings in Invesco Financial Preferred ETF by 26.3% during the 1st quarter. Sanctuary Advisors LLC now owns 137,029 shares of the exchange traded fund’s stock worth $1,886,000 after acquiring an additional 28,518 shares during the period. Finally, Royal Bank of Canada lifted its stake in Invesco Financial Preferred ETF by 13.2% in the 1st quarter. Royal Bank of Canada now owns 130,368 shares of the exchange traded fund’s stock worth $1,794,000 after purchasing an additional 15,208 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than Invesco Financial Preferred ETF
- Thor Industries Is Boring—And That May Be Its Biggest Advantage
- Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
- Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock?
- These 4 Companies Are Monetizing AI Today
Receive News & Ratings for Invesco Financial Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Financial Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
