Fiduciary Alliance LLC Sells 7,900 Shares of Invesco Financial Preferred ETF $PGF

Fiduciary Alliance LLC reduced its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 37.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,267 shares of the exchange traded fund’s stock after selling 7,900 shares during the period. Fiduciary Alliance LLC’s holdings in Invesco Financial Preferred ETF were worth $187,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PGF. Garrison Bradford & Associates Inc. bought a new position in shares of Invesco Financial Preferred ETF during the first quarter valued at $71,000. City Center Advisors LLC bought a new position in shares of Invesco Financial Preferred ETF during the second quarter valued at $142,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Invesco Financial Preferred ETF during the first quarter valued at $150,000. Private Trust Co. NA lifted its holdings in shares of Invesco Financial Preferred ETF by 778.3% during the first quarter. Private Trust Co. NA now owns 11,330 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 10,040 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Invesco Financial Preferred ETF by 145.4% during the first quarter. Farther Finance Advisors LLC now owns 11,489 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 6,807 shares in the last quarter.

Invesco Financial Preferred ETF Stock Up 0.1%

Shares of NYSEARCA:PGF opened at $14.88 on Friday. Invesco Financial Preferred ETF has a 1 year low of $13.61 and a 1 year high of $15.95. The stock’s fifty day moving average price is $14.44 and its 200-day moving average price is $14.25.

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.