Avory & Company LLC Cuts Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Avory & Company LLC lessened its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report) by 11.1% during the 3rd quarter, Holdings Channel reports. The firm owned 48,056 shares of the exchange traded fund’s stock after selling 6,005 shares during the period. Invesco Financial Preferred ETF comprises about 0.6% of Avory & Company LLC’s portfolio, making the stock its 15th biggest holding. Avory & Company LLC’s holdings in Invesco Financial Preferred ETF were worth $676,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in Invesco Financial Preferred ETF by 8.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 13,390 shares of the exchange traded fund’s stock valued at $192,000 after purchasing an additional 995 shares during the period. Strategic Wealth Investment Group LLC increased its stake in Invesco Financial Preferred ETF by 5.5% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 387,553 shares of the exchange traded fund’s stock worth $5,449,000 after acquiring an additional 20,307 shares during the last quarter. US Bancorp DE increased its stake in Invesco Financial Preferred ETF by 8.4% in the 2nd quarter. US Bancorp DE now owns 10,354 shares of the exchange traded fund’s stock worth $149,000 after acquiring an additional 800 shares during the last quarter. Wintrust Investments LLC increased its stake in Invesco Financial Preferred ETF by 56.3% in the 2nd quarter. Wintrust Investments LLC now owns 19,400 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 6,988 shares during the last quarter. Finally, Custos Family Office LLC increased its stake in Invesco Financial Preferred ETF by 4.5% in the 2nd quarter. Custos Family Office LLC now owns 579,166 shares of the exchange traded fund’s stock worth $8,311,000 after acquiring an additional 24,816 shares during the last quarter.

Invesco Financial Preferred ETF Stock Performance

NYSEARCA:PGF traded down $0.16 during trading hours on Monday, reaching $15.03. The stock had a trading volume of 63,217 shares, compared to its average volume of 265,732. Invesco Financial Preferred ETF has a 52 week low of $13.03 and a 52 week high of $15.99. The company has a 50 day moving average price of $14.69 and a two-hundred day moving average price of $14.23.

Invesco Financial Preferred ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report).

Institutional Ownership by Quarter for Invesco Financial Preferred ETF (NYSEARCA:PGF)

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