Investors Research Corp Buys 27,511 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Investors Research Corp boosted its position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 15.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 207,910 shares of the exchange traded fund’s stock after acquiring an additional 27,511 shares during the period. Investors Research Corp owned 0.34% of Invesco Financial Preferred ETF worth $3,025,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of Invesco Financial Preferred ETF by 23,087.7% in the third quarter. JPMorgan Chase & Co. now owns 873,248 shares of the exchange traded fund’s stock worth $13,675,000 after acquiring an additional 869,482 shares during the period. Sanctuary Advisors LLC boosted its stake in Invesco Financial Preferred ETF by 6.8% in the 4th quarter. Sanctuary Advisors LLC now owns 85,700 shares of the exchange traded fund’s stock worth $1,269,000 after purchasing an additional 5,445 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Invesco Financial Preferred ETF by 3.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,713 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 728 shares in the last quarter. Allworth Financial LP grew its holdings in Invesco Financial Preferred ETF by 967.6% during the 4th quarter. Allworth Financial LP now owns 2,936 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 2,661 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of Invesco Financial Preferred ETF by 36.6% during the fourth quarter. Principal Securities Inc. now owns 5,598 shares of the exchange traded fund’s stock valued at $81,000 after buying an additional 1,500 shares during the last quarter.

Invesco Financial Preferred ETF Trading Down 0.4 %

Invesco Financial Preferred ETF stock opened at $14.60 on Monday. Invesco Financial Preferred ETF has a 1 year low of $14.25 and a 1 year high of $15.95. The firm’s 50 day moving average price is $14.71 and its 200-day moving average price is $15.11.

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.