Invesco Financial Preferred ETF (NYSEARCA:PGF) Position Trimmed by North Star Investment Management Corp.

North Star Investment Management Corp. trimmed its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 2.7% in the first quarter, Holdings Channel.com reports. The fund owned 290,051 shares of the exchange traded fund’s stock after selling 7,951 shares during the period. North Star Investment Management Corp.’s holdings in Invesco Financial Preferred ETF were worth $4,142,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Orion Portfolio Solutions LLC bought a new stake in Invesco Financial Preferred ETF during the fourth quarter worth approximately $2,693,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Financial Preferred ETF in the fourth quarter valued at $1,675,000. Signal Advisors Wealth LLC acquired a new stake in Invesco Financial Preferred ETF in the first quarter worth about $1,462,000. JPMorgan Chase & Co. grew its position in shares of Invesco Financial Preferred ETF by 11.7% during the 4th quarter. JPMorgan Chase & Co. now owns 975,027 shares of the exchange traded fund’s stock worth $14,187,000 after buying an additional 101,779 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Invesco Financial Preferred ETF by 147.0% during the 4th quarter. Jane Street Group LLC now owns 80,156 shares of the exchange traded fund’s stock worth $1,166,000 after buying an additional 47,699 shares during the period.

Invesco Financial Preferred ETF Trading Down 0.3%

NYSEARCA:PGF opened at $13.99 on Friday. The business’s 50-day simple moving average is $13.99 and its 200-day simple moving average is $14.44. Invesco Financial Preferred ETF has a fifty-two week low of $13.62 and a fifty-two week high of $15.95.

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.