Stifel Financial Corp Decreases Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Stifel Financial Corp lessened its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 152,297 shares of the exchange traded fund’s stock after selling 1,666 shares during the quarter. Stifel Financial Corp owned approximately 0.25% of Invesco Financial Preferred ETF worth $2,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC bought a new stake in Invesco Financial Preferred ETF in the third quarter valued at $33,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco Financial Preferred ETF in the 2nd quarter worth about $40,000. Avior Wealth Management LLC boosted its stake in shares of Invesco Financial Preferred ETF by 305.7% during the 3rd quarter. Avior Wealth Management LLC now owns 3,006 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 2,265 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at about $52,000. Finally, Farther Finance Advisors LLC bought a new position in Invesco Financial Preferred ETF in the third quarter worth about $72,000.

Invesco Financial Preferred ETF Stock Down 0.9 %

Invesco Financial Preferred ETF stock opened at $14.73 on Thursday. Invesco Financial Preferred ETF has a fifty-two week low of $14.35 and a fifty-two week high of $15.95. The stock’s 50 day simple moving average is $15.27 and its two-hundred day simple moving average is $15.19.

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.