Invesco Financial Preferred ETF (NYSEARCA:PGF) Sees Large Volume Increase

Invesco Financial Preferred ETF (NYSEARCA:PGF) shares saw unusually-high trading volume on Friday . Approximately 202,448 shares traded hands during trading, an increase of 16% from the previous session’s volume of 175,136 shares.The stock last traded at $15.86 and had previously closed at $15.84.

Invesco Financial Preferred ETF Price Performance

The stock’s 50 day moving average is $15.24 and its two-hundred day moving average is $14.99.

Institutional Trading of Invesco Financial Preferred ETF

A number of large investors have recently bought and sold shares of the stock. Gould Asset Management LLC CA grew its stake in Invesco Financial Preferred ETF by 2.4% during the first quarter. Gould Asset Management LLC CA now owns 31,520 shares of the exchange traded fund’s stock worth $480,000 after buying an additional 745 shares during the last quarter. Integrated Advisors Network LLC lifted its position in Invesco Financial Preferred ETF by 1.0% during the 4th quarter. Integrated Advisors Network LLC now owns 101,218 shares of the exchange traded fund’s stock worth $1,476,000 after buying an additional 959 shares in the last quarter. Magnus Financial Group LLC grew its holdings in Invesco Financial Preferred ETF by 1.6% during the 2nd quarter. Magnus Financial Group LLC now owns 77,690 shares of the exchange traded fund’s stock worth $1,144,000 after acquiring an additional 1,217 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Invesco Financial Preferred ETF by 7.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 17,334 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 1,247 shares in the last quarter. Finally, Essex Financial Services Inc. raised its stake in shares of Invesco Financial Preferred ETF by 10.8% in the second quarter. Essex Financial Services Inc. now owns 15,203 shares of the exchange traded fund’s stock worth $224,000 after acquiring an additional 1,479 shares during the last quarter.

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.