North Star Investment Management Corp. Raises Stock Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

North Star Investment Management Corp. lifted its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 0.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 301,423 shares of the exchange traded fund’s stock after buying an additional 2,287 shares during the period. North Star Investment Management Corp. owned approximately 0.49% of Invesco Financial Preferred ETF worth $4,720,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Asset Management One Co. Ltd. grew its position in shares of Invesco Financial Preferred ETF by 6.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 78,210 shares of the exchange traded fund’s stock worth $1,225,000 after buying an additional 4,707 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in Invesco Financial Preferred ETF during the 3rd quarter valued at approximately $72,000. Pinnacle Associates Ltd. acquired a new stake in Invesco Financial Preferred ETF during the 3rd quarter valued at approximately $157,000. Integrated Advisors Network LLC increased its holdings in shares of Invesco Financial Preferred ETF by 11.0% during the 3rd quarter. Integrated Advisors Network LLC now owns 139,274 shares of the exchange traded fund’s stock valued at $2,181,000 after purchasing an additional 13,846 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco Financial Preferred ETF by 4.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,075 shares of the exchange traded fund’s stock valued at $283,000 after purchasing an additional 741 shares in the last quarter.

Invesco Financial Preferred ETF Price Performance

NYSEARCA PGF traded up $0.05 on Tuesday, hitting $15.46. The company had a trading volume of 67,108 shares, compared to its average volume of 174,494. The company’s fifty day moving average price is $15.58 and its 200-day moving average price is $15.09. Invesco Financial Preferred ETF has a 12-month low of $13.78 and a 12-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.