Invesco Financial Preferred ETF (NYSEARCA:PGF) Hits New 1-Year High at $15.36

Invesco Financial Preferred ETF (NYSEARCA:PGF) reached a new 52-week high during trading on Thursday . The company traded as high as $15.36 and last traded at $15.35, with a volume of 10186 shares. The stock had previously closed at $15.32.

Invesco Financial Preferred ETF Price Performance

The business’s 50-day simple moving average is $15.11 and its two-hundred day simple moving average is $14.47.

Institutional Investors Weigh In On Invesco Financial Preferred ETF

A number of institutional investors have recently bought and sold shares of PGF. Register Financial Advisors LLC bought a new position in Invesco Financial Preferred ETF in the 4th quarter valued at $28,000. Baystate Wealth Management LLC bought a new stake in Invesco Financial Preferred ETF in the 4th quarter valued at $30,000. IFP Advisors Inc boosted its stake in shares of Invesco Financial Preferred ETF by 95.3% in the third quarter. IFP Advisors Inc now owns 3,952 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 1,928 shares during the period. CWM LLC lifted its holdings in shares of Invesco Financial Preferred ETF by 172.7% during the 3rd quarter. CWM LLC now owns 4,737 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 3,000 shares during the period. Finally, Friedenthal Financial bought a new position in Invesco Financial Preferred ETF in the 4th quarter valued at approximately $70,000.

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.