Invesco Financial Preferred ETF (NYSEARCA:PGF) Hits New 1-Year High at $15.39

Invesco Financial Preferred ETF (NYSEARCA:PGF) reached a new 52-week high on Wednesday . The stock traded as high as $15.39 and last traded at $15.39, with a volume of 24998 shares trading hands. The stock had previously closed at $15.24.

Invesco Financial Preferred ETF Stock Down 0.2 %

The stock has a 50 day simple moving average of $15.00 and a 200-day simple moving average of $14.93.

Hedge Funds Weigh In On Invesco Financial Preferred ETF

A number of large investors have recently made changes to their positions in the company. Gould Asset Management LLC CA increased its position in Invesco Financial Preferred ETF by 2.4% during the 1st quarter. Gould Asset Management LLC CA now owns 31,520 shares of the exchange traded fund’s stock valued at $480,000 after purchasing an additional 745 shares during the period. Integrated Advisors Network LLC grew its stake in shares of Invesco Financial Preferred ETF by 1.0% during the fourth quarter. Integrated Advisors Network LLC now owns 101,218 shares of the exchange traded fund’s stock worth $1,476,000 after acquiring an additional 959 shares during the last quarter. Magnus Financial Group LLC increased its stake in Invesco Financial Preferred ETF by 1.6% during the 2nd quarter. Magnus Financial Group LLC now owns 77,690 shares of the exchange traded fund’s stock valued at $1,144,000 after purchasing an additional 1,217 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invesco Financial Preferred ETF by 7.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 17,334 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 1,247 shares during the last quarter. Finally, Essex Financial Services Inc. increased its position in shares of 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 valued at $224,000 after acquiring an additional 1,479 shares during the period.

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.