Accel Wealth Management Sells 6,976 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Accel Wealth Management cut its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 10.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,087 shares of the exchange traded fund’s stock after selling 6,976 shares during the quarter. Accel Wealth Management owned about 0.09% of Invesco Financial Preferred ETF worth $845,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of PGF. JPMorgan Chase & Co. increased its position in shares of Invesco Financial Preferred ETF by 23,087.7% during the third quarter. JPMorgan Chase & Co. now owns 873,248 shares of the exchange traded fund’s stock valued at $13,675,000 after buying an additional 869,482 shares during the period. Cim LLC grew its holdings 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 worth $6,279,000 after acquiring an additional 10,263 shares during the period. Sterneck Capital Management LLC raised its position in shares of Invesco Financial Preferred ETF by 3.0% in the 3rd quarter. Sterneck Capital Management LLC now owns 92,245 shares of the exchange traded fund’s stock worth $1,445,000 after acquiring an additional 2,690 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of Invesco Financial Preferred ETF in the 3rd quarter worth approximately $72,000. Finally, Captrust Financial Advisors lifted its stake in shares of Invesco Financial Preferred ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 45,022 shares of the exchange traded fund’s stock valued at $705,000 after purchasing an additional 752 shares during the period.

Invesco Financial Preferred ETF Price Performance

Shares of PGF stock opened at $14.80 on Friday. The business’s fifty day moving average is $14.82 and its 200 day moving average is $15.15. Invesco Financial Preferred ETF has a twelve month low of $14.25 and a twelve month high of $15.95.

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.