Invesco Financial Preferred ETF (NYSEARCA:PGF) Sets New 12-Month High at $15.51

Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) hit a new 52-week high during trading on Tuesday . The company traded as high as $15.51 and last traded at $15.51, with a volume of 707 shares trading hands. The stock had previously closed at $15.50.

Invesco Financial Preferred ETF Stock Up 0.4 %

The stock has a 50 day simple moving average of $15.06 and a 200 day simple moving average of $14.94.

Hedge Funds Weigh In On Invesco Financial Preferred ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cim LLC boosted its stake in Invesco Financial Preferred ETF by 2.6% in the second quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock valued at $6,279,000 after acquiring an additional 10,263 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $1,346,000. Citizens Financial Group Inc. RI acquired a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $345,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco Financial Preferred ETF during the second quarter worth approximately $52,000. Finally, Magnus Financial Group LLC boosted its position in shares of Invesco Financial Preferred ETF by 1.6% during the second quarter. Magnus Financial Group LLC now owns 77,690 shares of the exchange traded fund’s stock worth $1,144,000 after buying an additional 1,217 shares during the period.

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.