Raymond James Financial Services Advisors Inc. Has $1.25 Million Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Raymond James Financial Services Advisors Inc. reduced its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGFGet Rating) by 14.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 82,800 shares of the exchange traded fund’s stock after selling 14,119 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Financial Preferred ETF were worth $1,245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Walker Asset Management LLC boosted its position in Invesco Financial Preferred ETF by 6,049.2% during the second quarter. Walker Asset Management LLC now owns 5,924,916 shares of the exchange traded fund’s stock valued at $92,969,000 after purchasing an additional 5,828,563 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Invesco Financial Preferred ETF by 567.6% during the 1st quarter. Renaissance Technologies LLC now owns 216,300 shares of the exchange traded fund’s stock worth $3,660,000 after purchasing an additional 183,900 shares during the last quarter. Evoke Wealth LLC raised its holdings in shares of Invesco Financial Preferred ETF by 46.2% during the 2nd quarter. Evoke Wealth LLC now owns 496,104 shares of the exchange traded fund’s stock valued at $7,709,000 after purchasing an additional 156,831 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Invesco Financial Preferred ETF by 441.9% in the 2nd quarter. Private Advisor Group LLC now owns 164,858 shares of the exchange traded fund’s stock valued at $2,562,000 after purchasing an additional 134,433 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in Invesco Financial Preferred ETF by 420.7% during the second quarter. Jane Street Group LLC now owns 116,554 shares of the exchange traded fund’s stock valued at $1,811,000 after buying an additional 94,169 shares in the last quarter.

Invesco Financial Preferred ETF Trading Up 0.1 %

PGF opened at $15.82 on Friday. The stock has a 50-day moving average of $15.08 and a 200-day moving average of $15.31. Invesco Financial Preferred ETF has a 52-week low of $14.11 and a 52-week high of $18.54.

Invesco Financial Preferred ETF Company Profile

(Get Rating)

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.

Further Reading

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:PGFGet Rating).

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

Receive News & Ratings for Invesco Financial Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Financial Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.