Invesco Financial Preferred ETF (NYSEARCA:PGF) Shares Sold by Bank of Montreal Can

Bank of Montreal Can trimmed its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 37.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,840 shares of the exchange traded fund’s stock after selling 16,969 shares during the period. Bank of Montreal Can’s holdings in Invesco Financial Preferred ETF were worth $405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PGF. JPMorgan Chase & Co. grew its holdings in Invesco Financial Preferred ETF by 11.7% during the fourth quarter. JPMorgan Chase & Co. now owns 975,027 shares of the exchange traded fund’s stock worth $14,187,000 after acquiring an additional 101,779 shares during the period. Wells Fargo & Company MN grew its position in Invesco Financial Preferred ETF by 3.2% during the fourth quarter. Wells Fargo & Company MN now owns 786,813 shares of the exchange traded fund’s stock worth $11,448,000 after buying an additional 24,526 shares during the period. Evoke Wealth LLC increased its holdings in Invesco Financial Preferred ETF by 3.7% in the fourth quarter. Evoke Wealth LLC now owns 304,703 shares of the exchange traded fund’s stock valued at $4,433,000 after buying an additional 10,877 shares in the last quarter. Investors Research Corp lifted its position in shares of Invesco Financial Preferred ETF by 15.3% during the 4th quarter. Investors Research Corp now owns 207,910 shares of the exchange traded fund’s stock valued at $3,025,000 after acquiring an additional 27,511 shares during the period. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Invesco Financial Preferred ETF during the 4th quarter worth approximately $2,693,000.

Invesco Financial Preferred ETF Price Performance

Shares of NYSEARCA PGF opened at $13.86 on Wednesday. The company’s 50-day moving average price is $14.41 and its 200 day moving average price is $14.81. Invesco Financial Preferred ETF has a 52 week low of $13.62 and a 52 week high of $15.95.

Invesco Financial Preferred ETF 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.