Invesco Financial Preferred ETF (NYSEARCA:PGF) Hits New 1-Year High at $15.70

Invesco Financial Preferred ETF (NYSEARCA:PGF)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $15.70 and last traded at $15.69, with a volume of 8430 shares changing hands. The stock had previously closed at $15.66.

Invesco Financial Preferred ETF Trading Up 0.4 %

The stock has a fifty day simple moving average of $15.09 and a 200-day simple moving average of $14.95.

Institutional Trading of Invesco Financial Preferred ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cim LLC purchased a new stake in Invesco Financial Preferred ETF in the 4th quarter valued at $5,675,000. Integrated Advisors Network LLC boosted its stake in shares of Invesco Financial Preferred ETF by 1.0% during the fourth quarter. Integrated Advisors Network LLC now owns 101,218 shares of the exchange traded fund’s stock worth $1,476,000 after buying an additional 959 shares during the period. Novak & Powell Financial Services Inc. acquired a new stake in shares of Invesco Financial Preferred ETF during the fourth quarter worth about $231,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco Financial Preferred ETF by 7.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 17,334 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 1,247 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in Invesco Financial Preferred ETF in the 2nd quarter valued at about $40,000.

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.