Fifth Third Bancorp Makes New Investment in Invesco Financial Preferred ETF $PGF

Fifth Third Bancorp acquired a new stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 74,221 shares of the exchange traded fund’s stock, valued at approximately $1,021,000. Fifth Third Bancorp owned 0.15% of Invesco Financial Preferred ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in shares of Invesco Financial Preferred ETF by 1.8% during the first quarter. Royal Bank of Canada now owns 140,584 shares of the exchange traded fund’s stock worth $2,009,000 after purchasing an additional 2,460 shares during the period. Jane Street Group LLC increased its holdings in Invesco Financial Preferred ETF by 33.0% in the 1st quarter. Jane Street Group LLC now owns 106,613 shares of the exchange traded fund’s stock worth $1,522,000 after buying an additional 26,457 shares during the period. NewEdge Advisors LLC raised its position in Invesco Financial Preferred ETF by 26.0% during the 2nd quarter. NewEdge Advisors LLC now owns 26,979 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 5,574 shares during the last quarter. Ameriprise Financial Inc. raised its position in Invesco Financial Preferred ETF by 27.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 67,225 shares of the exchange traded fund’s stock worth $949,000 after buying an additional 14,517 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Invesco Financial Preferred ETF by 10.7% during the 2nd quarter. Bank of America Corp DE now owns 676,150 shares of the exchange traded fund’s stock valued at $9,540,000 after acquiring an additional 65,309 shares during the period.

Invesco Financial Preferred ETF Stock Up 0.2%

PGF stock opened at $13.54 on Friday. Invesco Financial Preferred ETF has a 12 month low of $13.51 and a 12 month high of $15.00. The firm’s fifty day simple moving average is $13.74 and its 200-day simple moving average is $14.02.

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. The Fund normally invests at least 90% of its total assets in preferred securities that consists of the Index. The Fund may contain securities in the financial and insurance sectors.