National Wealth Management Group LLC Sells 1,125 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

National Wealth Management Group LLC decreased its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 8.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,647 shares of the exchange traded fund’s stock after selling 1,125 shares during the quarter. National Wealth Management Group LLC’s holdings in Invesco Financial Preferred ETF were worth $170,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Register Financial Advisors LLC bought a new stake in Invesco Financial Preferred ETF in the 4th quarter worth approximately $28,000. Baystate Wealth Management LLC bought a new stake in Invesco Financial Preferred ETF in the fourth quarter valued at approximately $30,000. IFP Advisors Inc lifted its position in Invesco Financial Preferred ETF by 95.3% in the third quarter. IFP Advisors Inc now owns 3,952 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 1,928 shares during the last quarter. CWM LLC lifted its position in Invesco Financial Preferred ETF by 172.7% in the third quarter. CWM LLC now owns 4,737 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Friedenthal Financial bought a new stake in Invesco Financial Preferred ETF in the fourth quarter valued at approximately $70,000.

Invesco Financial Preferred ETF Stock Performance

PGF stock traded up $0.17 during midday trading on Tuesday, hitting $14.69. The company had a trading volume of 159,949 shares, compared to its average volume of 196,572. Invesco Financial Preferred ETF has a 52 week low of $13.03 and a 52 week high of $15.38. The stock’s 50 day moving average price is $15.06 and its 200 day moving average price is $14.58.

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.