MGB Wealth Management LLC Acquires 1,124 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

MGB Wealth Management LLC grew its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 22,373 shares of the exchange traded fund’s stock after purchasing an additional 1,124 shares during the period. MGB Wealth Management LLC’s holdings in Invesco Financial Preferred ETF were worth $350,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco Financial Preferred ETF by 4.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,075 shares of the exchange traded fund’s stock valued at $283,000 after purchasing an additional 741 shares during the last quarter. Citizens Financial Group Inc. RI increased its stake in shares of Invesco Financial Preferred ETF by 4.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 24,409 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 994 shares during the last quarter. HF Advisory Group LLC increased its stake in shares of Invesco Financial Preferred ETF by 5.6% in the 3rd quarter. HF Advisory Group LLC now owns 18,722 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 997 shares during the last quarter. Magnus Financial Group LLC increased its stake in shares of Invesco Financial Preferred ETF by 1.5% in the 3rd quarter. Magnus Financial Group LLC now owns 78,822 shares of the exchange traded fund’s stock valued at $1,234,000 after purchasing an additional 1,132 shares during the last quarter. Finally, Western Financial Corp CA increased its stake in shares of Invesco Financial Preferred ETF by 10.3% in the 3rd quarter. Western Financial Corp CA now owns 12,757 shares of the exchange traded fund’s stock valued at $200,000 after purchasing an additional 1,187 shares during the last quarter.

Invesco Financial Preferred ETF Price Performance

NYSEARCA PGF opened at $15.13 on Friday. Invesco Financial Preferred ETF has a twelve month low of $13.98 and a twelve month high of $15.95. The business’s fifty day moving average is $15.54 and its 200 day moving average is $15.14.

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.