Private Advisor Group LLC Sells 121,341 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Private Advisor Group LLC lessened its position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 18.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 536,354 shares of the exchange traded fund’s stock after selling 121,341 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Financial Preferred ETF were worth $8,399,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. RFG Holdings Inc. lifted its stake in shares of Invesco Financial Preferred ETF by 9.2% in the 2nd quarter. RFG Holdings Inc. now owns 945,977 shares of the exchange traded fund’s stock worth $13,934,000 after purchasing an additional 79,488 shares during the period. Cim LLC grew its position in shares of Invesco Financial Preferred ETF by 2.6% during the 2nd quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock valued at $6,279,000 after acquiring an additional 10,263 shares during the period. Commonwealth Equity Services LLC raised its holdings in Invesco Financial Preferred ETF by 1.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 111,953 shares of the exchange traded fund’s stock worth $1,649,000 after purchasing an additional 1,751 shares during the period. Field & Main Bank grew its holdings in Invesco Financial Preferred ETF by 4.2% during the second quarter. Field & Main Bank now owns 106,377 shares of the exchange traded fund’s stock valued at $1,567,000 after purchasing an additional 4,241 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Invesco Financial Preferred ETF in the second quarter worth about $1,346,000.

Invesco Financial Preferred ETF Stock Down 0.1 %

NYSEARCA PGF opened at $15.43 on Friday. The stock’s 50-day moving average price is $15.56 and its 200-day moving average price is $15.06. Invesco Financial Preferred ETF has a 52 week low of $13.13 and a 52 week high of $15.95.

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.