Invesco Financial Preferred ETF (NYSEARCA:PGF) Sees Unusually-High Trading Volume

Invesco Financial Preferred ETF (NYSEARCA:PGF) shares saw unusually-strong trading volume on Friday . Approximately 20,800 shares changed hands during mid-day trading, a decline of 95% from the previous session’s volume of 393,208 shares.The stock last traded at $18.57 and had previously closed at $18.61.

The stock has a 50 day simple moving average of $18.61 and a two-hundred day simple moving average of $18.89.

Several institutional investors and hedge funds have recently bought and sold shares of PGF. OLD Mission Capital LLC acquired a new stake in shares of Invesco Financial Preferred ETF during the third quarter worth about $463,000. US Bancorp DE grew its holdings in shares of Invesco Financial Preferred ETF by 7.0% during the second quarter. US Bancorp DE now owns 12,200 shares of the exchange traded fund’s stock worth $235,000 after buying an additional 800 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Invesco Financial Preferred ETF by 140.5% during the second quarter. Rockefeller Capital Management L.P. now owns 25,757 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 15,049 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Invesco Financial Preferred ETF by 32.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 289,339 shares of the exchange traded fund’s stock worth $5,581,000 after buying an additional 70,902 shares during the last quarter. Finally, Fiera Capital Corp grew its holdings in shares of Invesco Financial Preferred ETF by 4.9% during the second quarter. Fiera Capital Corp now owns 23,779 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 1,110 shares during the last quarter.

Invesco Financial Preferred ETF Company Profile (NYSEARCA:PGF)

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.

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