D.A. Davidson & CO. Buys 1,237 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

D.A. Davidson & CO. raised its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,738 shares of the exchange traded fund’s stock after acquiring an additional 1,237 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Financial Preferred ETF were worth $1,058,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. McClarren Financial Advisors Inc. increased its holdings in Invesco Financial Preferred ETF by 14,226.7% in the 4th quarter. McClarren Financial Advisors Inc. now owns 2,149 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 2,134 shares during the last quarter. Allworth Financial LP increased its stake in Invesco Financial Preferred ETF by 967.6% in the 4th quarter. Allworth Financial LP now owns 2,936 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 2,661 shares during the period. Avior Wealth Management LLC lifted its stake in shares of Invesco Financial Preferred ETF by 305.7% in the 3rd quarter. Avior Wealth Management LLC now owns 3,006 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 2,265 shares during the period. Farther Finance Advisors LLC purchased a new stake in Invesco Financial Preferred ETF in the 3rd quarter valued at approximately $72,000. Finally, Principal Securities Inc. lifted its holdings in Invesco Financial Preferred ETF by 36.6% in the fourth quarter. Principal Securities Inc. now owns 5,598 shares of the exchange traded fund’s stock valued at $81,000 after acquiring an additional 1,500 shares during the period.

Invesco Financial Preferred ETF Stock Performance

PGF opened at $14.75 on Monday. Invesco Financial Preferred ETF has a 1-year low of $14.25 and a 1-year high of $15.95. The stock’s 50 day simple moving average is $14.69 and its 200 day simple moving average is $15.13.

Invesco Financial Preferred ETF 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.