MGB Wealth Management LLC Has $350,000 Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

MGB Wealth Management LLC lifted its position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 5.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,373 shares of the exchange traded fund’s stock after purchasing an additional 1,124 shares during the period. MGB Wealth Management LLC’s holdings in Invesco Financial Preferred ETF were worth $350,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC bought a new position in shares of Invesco Financial Preferred ETF during the third quarter worth approximately $33,000. International Assets Investment Management LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $40,000. Avior Wealth Management LLC increased its stake in shares of Invesco Financial Preferred ETF by 305.7% during the third quarter. Avior Wealth Management LLC now owns 3,006 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 2,265 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $52,000. Finally, Lynx Investment Advisory bought a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $60,000.

Invesco Financial Preferred ETF Trading Up 0.4 %

Shares of NYSEARCA PGF opened at $15.13 on Friday. Invesco Financial Preferred ETF has a 1-year low of $13.98 and a 1-year high of $15.95. The business’s 50 day moving average is $15.54 and its 200-day moving average is $15.14.

Invesco Financial Preferred ETF Company 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.