RFG Holdings Inc. Trims Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

RFG Holdings Inc. lessened its stake in Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report) by 4.4% in the third quarter, HoldingsChannel reports. The fund owned 904,561 shares of the exchange traded fund’s stock after selling 41,416 shares during the period. Invesco Financial Preferred ETF makes up about 5.0% of RFG Holdings Inc.’s portfolio, making the stock its 5th biggest position. RFG Holdings Inc.’s holdings in Invesco Financial Preferred ETF were worth $14,166,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in shares of Invesco Financial Preferred ETF during the third quarter valued at about $33,000. International Assets Investment Management LLC bought a new position in Invesco Financial Preferred ETF during the 2nd quarter valued at approximately $40,000. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco Financial Preferred ETF in the 2nd quarter worth approximately $52,000. Lynx Investment Advisory bought a new stake in shares of Invesco Financial Preferred ETF in the 2nd quarter worth approximately $60,000. Finally, Western Financial Corp CA purchased a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at approximately $170,000.

Invesco Financial Preferred ETF Stock Up 0.7 %

Shares of PGF stock opened at $15.70 on Friday. The stock has a fifty day moving average of $15.41 and a 200 day moving average of $15.02. Invesco Financial Preferred ETF has a 52 week low of $13.03 and a 52 week high of $15.95.

About Invesco Financial Preferred ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report).

Institutional Ownership by Quarter for Invesco Financial Preferred ETF (NYSEARCA:PGF)

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