Invesco Financial Preferred ETF (NYSEARCA:PGF) Reaches New 52-Week High at $15.70

Invesco Financial Preferred ETF (NYSEARCA:PGF) shares reached a new 52-week high during trading on Monday . The company traded as high as $15.70 and last traded at $15.69, with a volume of 8430 shares. The stock had previously closed at $15.66.

Invesco Financial Preferred ETF Price Performance

The company has a fifty day simple moving average of $15.09 and a two-hundred day simple moving average of $14.95.

Hedge Funds Weigh In On Invesco Financial Preferred ETF

A number of institutional investors have recently made changes to their positions in PGF. Cim LLC boosted its stake in shares of Invesco Financial Preferred ETF by 2.6% during the 2nd quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock worth $6,279,000 after purchasing an additional 10,263 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at approximately $1,346,000. Citizens Financial Group Inc. RI acquired a new stake in Invesco Financial Preferred ETF during the second quarter worth approximately $345,000. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco Financial Preferred ETF in the 2nd quarter worth approximately $52,000. Finally, Magnus Financial Group LLC raised its holdings in Invesco Financial Preferred ETF by 1.6% in the 2nd quarter. Magnus Financial Group LLC now owns 77,690 shares of the exchange traded fund’s stock valued at $1,144,000 after acquiring an additional 1,217 shares during the last quarter.

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.