Truist Financial Corp reduced its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report) by 18.8% in the second quarter, HoldingsChannel.com reports. The fund owned 45,850 shares of the exchange traded fund’s stock after selling 10,603 shares during the quarter. Truist Financial Corp’s holdings in Invesco Financial Preferred ETF were worth $675,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in Invesco Financial Preferred ETF in the second quarter worth $40,000. Ashton Thomas Private Wealth LLC bought a new stake in Invesco Financial Preferred ETF in the second quarter worth $52,000. Lynx Investment Advisory bought a new stake in Invesco Financial Preferred ETF in the second quarter worth $60,000. Western Financial Corp CA bought a new stake in Invesco Financial Preferred ETF in the second quarter worth $170,000. Finally, Essex Financial Services Inc. lifted its stake in 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 purchasing an additional 1,479 shares during the last quarter.
Invesco Financial Preferred ETF Price Performance
Invesco Financial Preferred ETF stock opened at $15.81 on Wednesday. The firm has a fifty day simple moving average of $15.46 and a two-hundred day simple moving average of $15.03. Invesco Financial Preferred ETF has a twelve month low of $13.03 and a twelve month high of $15.95.
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.
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Want to see what other hedge funds are holding PGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Financial Preferred ETF (NYSEARCA:PGF – Free Report).
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