MML Investors Services LLC lessened its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF – Get Rating) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,650 shares of the exchange traded fund’s stock after selling 16,490 shares during the quarter. MML Investors Services LLC owned about 0.15% of Invesco Financial Preferred ETF worth $1,739,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of PGF. Northwestern Mutual Wealth Management Co. raised its position in Invesco Financial Preferred ETF by 3.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,318 shares of the exchange traded fund’s stock valued at $253,000 after buying an additional 598 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Invesco Financial Preferred ETF by 4.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 19,254 shares of the exchange traded fund’s stock worth $290,000 after acquiring an additional 804 shares during the period. Private Trust Co. NA grew its stake in shares of Invesco Financial Preferred ETF by 2.7% during the 3rd quarter. Private Trust Co. NA now owns 37,747 shares of the exchange traded fund’s stock worth $568,000 after acquiring an additional 1,000 shares during the period. Capital Investment Advisors LLC grew its stake in shares of Invesco Financial Preferred ETF by 2.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 42,820 shares of the exchange traded fund’s stock worth $644,000 after acquiring an additional 1,177 shares during the period. Finally, Gould Asset Management LLC CA grew its stake in shares of Invesco Financial Preferred ETF by 4.1% during the 2nd quarter. Gould Asset Management LLC CA now owns 35,259 shares of the exchange traded fund’s stock worth $548,000 after acquiring an additional 1,400 shares during the period.
Invesco Financial Preferred ETF Trading Down 0.1 %
PGF stock opened at $15.58 on Wednesday. Invesco Financial Preferred ETF has a fifty-two week low of $14.11 and a fifty-two week high of $17.34. The stock has a fifty day moving average of $15.50 and a 200-day moving average of $15.23.
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.
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