M&T Bank Corp Makes New Investment in Invesco Financial Preferred ETF (NYSEARCA:PGF)

M&T Bank Corp purchased a new position in Invesco Financial Preferred ETF (NYSEARCA:PGF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,906 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other large investors have also bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in shares of Invesco Financial Preferred ETF by 107.7% during the fourth quarter. Jones Financial Companies Lllp now owns 26,599 shares of the exchange traded fund’s stock valued at $387,000 after buying an additional 13,792 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Invesco Financial Preferred ETF by 3.3% during the fourth 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 during the last quarter. D.A. Davidson & CO. grew its holdings in shares of Invesco Financial Preferred ETF by 1.7% during the fourth quarter. D.A. Davidson & CO. now owns 72,738 shares of the exchange traded fund’s stock valued at $1,058,000 after buying an additional 1,237 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Invesco Financial Preferred ETF by 6.8% during the fourth quarter. Sanctuary Advisors LLC now owns 85,700 shares of the exchange traded fund’s stock valued at $1,269,000 after buying an additional 5,445 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Invesco Financial Preferred ETF by 967.6% during the fourth 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 during the last quarter.

Invesco Financial Preferred ETF Trading Up 0.6 %

Shares of NYSEARCA PGF opened at $14.62 on Friday. The company has a 50-day moving average price of $14.70 and a 200-day moving average price of $15.09. Invesco Financial Preferred ETF has a 1 year low of $14.25 and a 1 year high of $15.95.

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.