UBS Group AG Lowers Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

UBS Group AG decreased its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF – Get Rating) by 30.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,697 shares of the exchange traded fund’s stock after selling 190,659 shares during the period. UBS Group AG owned approximately 0.58% of Invesco Financial Preferred ETF worth $6,346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Advisor Group LLC lifted its stake in shares of Invesco Financial Preferred ETF by 92.0% in the fourth quarter. Private Advisor Group LLC now owns 527,403 shares of the exchange traded fund’s stock worth $7,595,000 after acquiring an additional 252,740 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Invesco Financial Preferred ETF by 567.6% in the 1st quarter. Renaissance Technologies LLC now owns 216,300 shares of the exchange traded fund’s stock worth $3,660,000 after buying an additional 183,900 shares in the last quarter. Jacobs Asset Management LLC grew its holdings in Invesco Financial Preferred ETF by 166.0% in the 4th quarter. Jacobs Asset Management LLC now owns 190,000 shares of the exchange traded fund’s stock worth $2,736,000 after buying an additional 118,570 shares in the last quarter. Jane Street Group LLC grew its holdings in Invesco Financial Preferred ETF by 420.7% in the 2nd quarter. Jane Street Group LLC now owns 116,554 shares of the exchange traded fund’s stock worth $1,811,000 after buying an additional 94,169 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new position in Invesco Financial Preferred ETF in the 3rd quarter worth approximately $1,355,000.

Invesco Financial Preferred ETF Price Performance

Shares of PGF stock opened at $14.21 on Friday. The business has a 50 day simple moving average of $14.39 and a 200 day simple moving average of $14.97. Invesco Financial Preferred ETF has a 12-month low of $13.66 and a 12-month high of $16.87.

Invesco Financial Preferred ETF Company Profile

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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.