Invesco Financial Preferred ETF (NYSEARCA:PGF) Sees Unusually-High Trading Volume – Here’s Why

by · The Cerbat Gem

Invesco Financial Preferred ETF (NYSEARCA:PGF – Get Free Report) shares saw an uptick in trading volume on Tuesday . 1,177,375 shares changed hands during trading, an increase of 563% from the previous session’s volume of 177,646 shares.The stock last traded at $15.01 and had previously closed at $15.16.

Invesco Financial Preferred ETF Stock Down 0.8 %

The company has a 50 day moving average price of $15.52 and a 200 day moving average price of $15.15.

Hedge Funds Weigh In On Invesco Financial Preferred ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. RFG Holdings Inc. increased its stake in Invesco Financial Preferred ETF by 9.2% in the 2nd quarter. RFG Holdings Inc. now owns 945,977 shares of the exchange traded fund’s stock valued at $13,934,000 after purchasing an additional 79,488 shares in the last quarter. Cim LLC boosted its position in 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. North Star Investment Management Corp. increased its holdings in shares of Invesco Financial Preferred ETF by 0.8% during the third quarter. North Star Investment Management Corp. now owns 301,423 shares of the exchange traded fund’s stock valued at $4,720,000 after purchasing an additional 2,287 shares during the period. Investors Research Corp raised its position in shares of Invesco Financial Preferred ETF by 15.2% during the 3rd quarter. Investors Research Corp now owns 180,399 shares of the exchange traded fund’s stock worth $2,825,000 after buying an additional 23,866 shares in the last quarter. Finally, Integrated Advisors Network LLC grew its stake in shares of Invesco Financial Preferred ETF by 11.0% in the 3rd quarter. Integrated Advisors Network LLC now owns 139,274 shares of the exchange traded fund’s stock worth $2,181,000 after purchasing an additional 13,846 shares during the last quarter.

Invesco Financial Preferred ETF Company Profile

(Get 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.

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