RFG Holdings Inc. Sells 802,178 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

RFG Holdings Inc. cut its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 88.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,383 shares of the exchange traded fund’s stock after selling 802,178 shares during the quarter. Invesco Financial Preferred ETF comprises about 0.5% of RFG Holdings Inc.’s holdings, making the stock its 21st largest position. RFG Holdings Inc.’s holdings in Invesco Financial Preferred ETF were worth $1,490,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in 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 acquiring an additional 741 shares during the period. Captrust Financial Advisors raised its position in shares of Invesco Financial Preferred ETF by 1.7% in the third quarter. Captrust Financial Advisors now owns 45,022 shares of the exchange traded fund’s stock valued at $705,000 after purchasing an additional 752 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in 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 worth $382,000 after buying an additional 994 shares during the period. HF Advisory Group LLC grew its stake in 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 buying an additional 997 shares in the last quarter. Finally, MGB Wealth Management LLC lifted its position in shares of Invesco Financial Preferred ETF by 5.3% during the third quarter. MGB Wealth Management LLC now owns 22,373 shares of the exchange traded fund’s stock worth $350,000 after acquiring an additional 1,124 shares in the last quarter.

Invesco Financial Preferred ETF Stock Down 0.4 %

Invesco Financial Preferred ETF stock opened at $14.61 on Tuesday. Invesco Financial Preferred ETF has a fifty-two week low of $14.25 and a fifty-two week high of $15.95. The firm’s fifty day moving average price is $14.79 and its 200-day moving average price is $15.15.

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.