Invesco Financial Preferred ETF $PGF Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 79.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 12,229 shares of the exchange traded fund’s stock after selling 48,010 shares during the period. Integrated Advisors Network LLC’s holdings in Invesco Financial Preferred ETF were worth $168,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of Invesco Financial Preferred ETF by 1.8% during the first quarter. Royal Bank of Canada now owns 140,584 shares of the exchange traded fund’s stock valued at $2,009,000 after buying an additional 2,460 shares during the last quarter. Jane Street Group LLC raised its stake in Invesco Financial Preferred ETF by 33.0% in the 1st quarter. Jane Street Group LLC now owns 106,613 shares of the exchange traded fund’s stock worth $1,522,000 after acquiring an additional 26,457 shares during the last quarter. NewEdge Advisors LLC raised its stake in Invesco Financial Preferred ETF by 26.0% in the 2nd quarter. NewEdge Advisors LLC now owns 26,979 shares of the exchange traded fund’s stock worth $381,000 after acquiring an additional 5,574 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Invesco Financial Preferred ETF by 27.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 67,225 shares of the exchange traded fund’s stock worth $949,000 after acquiring an additional 14,517 shares during the period. Finally, Bank of America Corp DE lifted its position in Invesco Financial Preferred ETF by 10.7% during the 2nd quarter. Bank of America Corp DE now owns 676,150 shares of the exchange traded fund’s stock worth $9,540,000 after acquiring an additional 65,309 shares during the period.

Invesco Financial Preferred ETF Stock Up 0.1%

Invesco Financial Preferred ETF stock traded up $0.01 during trading hours on Friday, hitting $13.72. 82,727 shares of the stock traded hands, compared to its average volume of 144,199. The firm’s 50 day moving average price is $13.81 and its 200-day moving average price is $14.05. Invesco Financial Preferred ETF has a 1 year low of $13.61 and a 1 year high of $15.00.

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. The Fund normally invests at least 90% of its total assets in preferred securities that consists of the Index. The Fund may contain securities in the financial and insurance sectors.