Field & Main Bank Sells 5,025 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Field & Main Bank decreased its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 5.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 92,821 shares of the exchange traded fund’s stock after selling 5,025 shares during the quarter. Field & Main Bank’s holdings in Invesco Financial Preferred ETF were worth $1,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco Financial Preferred ETF by 120.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 27,694 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 15,133 shares during the period. Magnus Financial Group LLC grew its holdings in Invesco Financial Preferred ETF by 1.5% during the fourth quarter. Magnus Financial Group LLC now owns 80,035 shares of the exchange traded fund’s stock valued at $1,165,000 after purchasing an additional 1,213 shares during the period. City Center Advisors LLC purchased a new stake in shares of Invesco Financial Preferred ETF during the 4th quarter valued at approximately $147,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco Financial Preferred ETF in the fourth quarter worth about $697,000. Finally, Sterneck Capital Management LLC raised its holdings in shares of Invesco Financial Preferred ETF by 27.0% in the 4th quarter. Sterneck Capital Management LLC now owns 117,173 shares of the exchange traded fund’s stock valued at $1,705,000 after acquiring an additional 24,928 shares in the last quarter.

Invesco Financial Preferred ETF Stock Performance

PGF stock traded up $0.04 during midday trading on Wednesday, hitting $14.87. The company had a trading volume of 21,229 shares, compared to its average volume of 243,742. The stock’s 50 day moving average price is $14.82 and its 200 day moving average price is $15.16. Invesco Financial Preferred ETF has a 52 week low of $14.25 and a 52 week high of $15.95.

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.