Farther Finance Advisors LLC Makes New Investment in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Farther Finance Advisors LLC bought a new stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,623 shares of the exchange traded fund’s stock, valued at approximately $72,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of PGF. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco Financial Preferred ETF by 4.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,075 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 741 shares during the period. Magnus Financial Group LLC boosted its stake in shares of Invesco Financial Preferred ETF by 1.5% during the third quarter. Magnus Financial Group LLC now owns 78,822 shares of the exchange traded fund’s stock valued at $1,234,000 after purchasing an additional 1,132 shares during the period. Western Financial Corp CA grew its holdings in shares of Invesco Financial Preferred ETF by 10.3% in the third quarter. Western Financial Corp CA now owns 12,757 shares of the exchange traded fund’s stock worth $200,000 after purchasing an additional 1,187 shares during the last quarter. Essex Financial Services Inc. increased its stake in Invesco Financial Preferred ETF by 10.8% in the 2nd quarter. Essex Financial Services Inc. now owns 15,203 shares of the exchange traded fund’s stock worth $224,000 after buying an additional 1,479 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in Invesco Financial Preferred ETF by 13.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 14,495 shares of the exchange traded fund’s stock valued at $227,000 after buying an additional 1,724 shares in the last quarter.

Invesco Financial Preferred ETF Stock Performance

Shares of PGF stock opened at $15.25 on Wednesday. The company’s 50-day simple moving average is $15.60 and its two-hundred day simple moving average is $15.12. Invesco Financial Preferred ETF has a one year low of $13.80 and a one 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.