Walker Asset Management LLC Sells 1,830 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Walker Asset Management LLC reduced its position in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,260 shares of the exchange traded fund’s stock after selling 1,830 shares during the quarter. Walker Asset Management LLC owned 0.07% of Invesco Financial Preferred ETF worth $600,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PGF. Sanctuary Advisors LLC bought a new stake in shares of Invesco Financial Preferred ETF during the 2nd quarter valued at $1,346,000. Cim LLC lifted its position in Invesco Financial Preferred ETF by 2.6% during the second quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock valued at $6,279,000 after purchasing an additional 10,263 shares in the last quarter. Sterneck Capital Management LLC grew its holdings in Invesco Financial Preferred ETF by 3.0% during the third quarter. Sterneck Capital Management LLC now owns 92,245 shares of the exchange traded fund’s stock valued at $1,445,000 after purchasing an additional 2,690 shares during the period. GAMMA Investing LLC purchased a new stake in Invesco Financial Preferred ETF in the third quarter worth about $33,000. Finally, Fiduciary Alliance LLC bought a new position in shares of Invesco Financial Preferred ETF in the third quarter worth about $331,000.

Invesco Financial Preferred ETF Stock Up 0.3 %

PGF stock opened at $14.74 on Friday. The business’s 50-day moving average price is $14.87 and its 200-day moving average price is $15.16. Invesco Financial Preferred ETF has a twelve month low of $14.25 and a twelve month 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.