Essex Financial Services Inc. Acquires Shares of 10,263 Invesco Financial Preferred ETF (NYSEARCA:PGF)

Essex Financial Services Inc. bought a new position in Invesco Financial Preferred ETF (NYSEARCA:PGF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,263 shares of the exchange traded fund’s stock, valued at approximately $149,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in Invesco Financial Preferred ETF by 23,087.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 873,248 shares of the exchange traded fund’s stock valued at $13,675,000 after buying an additional 869,482 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Invesco Financial Preferred ETF during the 3rd quarter worth approximately $72,000. Captrust Financial Advisors lifted its stake in Invesco Financial Preferred ETF by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 45,022 shares of the exchange traded fund’s stock worth $705,000 after purchasing an additional 752 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in Invesco Financial Preferred ETF by 6.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 78,210 shares of the exchange traded fund’s stock valued at $1,225,000 after purchasing an additional 4,707 shares during the period. Finally, Caprock Group LLC purchased a new position in shares of Invesco Financial Preferred ETF during the 3rd quarter valued at $412,000.

Invesco Financial Preferred ETF Trading Up 0.6 %

Shares of PGF stock opened at $14.83 on Friday. Invesco Financial Preferred ETF has a 52-week low of $14.25 and a 52-week high of $15.95. The business’s fifty day moving average is $14.72 and its 200 day moving average is $15.13.

About Invesco Financial Preferred ETF

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.