Fort Sheridan Advisors LLC Reduces Stock Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Fort Sheridan Advisors LLC trimmed its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 18.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,000 shares of the exchange traded fund’s stock after selling 4,000 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Invesco Financial Preferred ETF were worth $262,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its stake in Invesco Financial Preferred ETF by 13.5% during the third quarter. Arkadios Wealth Advisors now owns 14,495 shares of the exchange traded fund’s stock worth $227,000 after buying an additional 1,724 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of 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 worth $283,000 after purchasing an additional 741 shares during the period. Pinnacle Associates Ltd. bought a new position in Invesco Financial Preferred ETF during the 3rd quarter valued at about $157,000. Farther Finance Advisors LLC bought a new position in Invesco Financial Preferred ETF during the 3rd quarter valued at about $72,000. Finally, Asset Management One Co. Ltd. raised its position in Invesco Financial Preferred ETF by 6.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 78,210 shares of the exchange traded fund’s stock worth $1,225,000 after purchasing an additional 4,707 shares during the period.

Invesco Financial Preferred ETF Stock Performance

Shares of NYSEARCA:PGF opened at $14.83 on Friday. The business has a 50 day simple moving average of $14.69 and a two-hundred day simple moving average of $15.13. Invesco Financial Preferred ETF has a 1 year low of $14.25 and a 1 year high of $15.95.

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.