Investors Research Corp Grows Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Investors Research Corp lifted its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 15.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,399 shares of the exchange traded fund’s stock after buying an additional 23,866 shares during the period. Investors Research Corp’s holdings in Invesco Financial Preferred ETF were worth $2,825,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Cim LLC increased its stake in Invesco Financial Preferred ETF by 5.1% during the 1st quarter. Cim LLC now owns 396,127 shares of the exchange traded fund’s stock worth $6,037,000 after buying an additional 19,078 shares during the period. Lynx Investment Advisory acquired a new position in shares of Invesco Financial Preferred ETF in the 2nd quarter valued at approximately $60,000. RFG Holdings Inc. grew its position in shares of Invesco Financial Preferred ETF by 9.2% during the second quarter. RFG Holdings Inc. now owns 945,977 shares of the exchange traded fund’s stock worth $13,934,000 after buying an additional 79,488 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco Financial Preferred ETF by 7.8% in 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, Western Financial Corp CA acquired a new stake in Invesco Financial Preferred ETF in the second quarter valued at $170,000.

Invesco Financial Preferred ETF Price Performance

PGF stock traded up $0.09 during mid-day trading on Thursday, hitting $15.00. 17,523 shares of the company were exchanged, compared to its average volume of 176,168. Invesco Financial Preferred ETF has a twelve month low of $13.92 and a twelve month high of $15.95. The firm has a fifty day simple moving average of $15.56 and a 200 day simple moving average of $15.14.

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.