115,154 Shares in Invesco Financial Preferred ETF (NYSEARCA:PGF) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 115,154 shares of the exchange traded fund’s stock, valued at approximately $1,675,000. Raymond James Financial Inc. owned approximately 0.19% of Invesco Financial Preferred ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. McClarren Financial Advisors Inc. boosted its stake in shares of Invesco Financial Preferred ETF by 14,226.7% during the fourth quarter. McClarren Financial Advisors Inc. now owns 2,149 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 2,134 shares in the last quarter. Promus Capital LLC bought a new stake in Invesco Financial Preferred ETF during the 4th quarter valued at $31,000. Allworth Financial LP increased its holdings in shares of Invesco Financial Preferred ETF by 967.6% in the 4th quarter. Allworth Financial LP now owns 2,936 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 2,661 shares during the period. Vision Financial Markets LLC bought a new position in shares of Invesco Financial Preferred ETF in the 4th quarter worth $58,000. Finally, Principal Securities Inc. raised its position in shares of Invesco Financial Preferred ETF by 36.6% in the 4th quarter. Principal Securities Inc. now owns 5,598 shares of the exchange traded fund’s stock worth $81,000 after acquiring an additional 1,500 shares in the last quarter.

Invesco Financial Preferred ETF Stock Performance

Shares of PGF opened at $14.28 on Tuesday. The company has a 50 day moving average of $14.69 and a two-hundred day moving average of $15.02. Invesco Financial Preferred ETF has a twelve month low of $14.25 and a twelve month high of $15.95.

Invesco Financial Preferred ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.0651 per share. The ex-dividend date was Monday, March 24th.

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.