JPMorgan Chase & Co. Buys 869,482 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

JPMorgan Chase & Co. lifted its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 23,087.7% during the third quarter, Holdings Channel.com reports. The firm owned 873,248 shares of the exchange traded fund’s stock after acquiring an additional 869,482 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco Financial Preferred ETF were worth $13,675,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cim LLC increased its stake in Invesco Financial Preferred ETF by 2.6% during the 2nd quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock valued at $6,279,000 after purchasing an additional 10,263 shares in the last quarter. Sterneck Capital Management LLC increased its position in shares of Invesco Financial Preferred ETF by 3.0% during the third quarter. Sterneck Capital Management LLC now owns 92,245 shares of the exchange traded fund’s stock worth $1,445,000 after acquiring an additional 2,690 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Invesco Financial Preferred ETF during the third quarter worth about $72,000. Captrust Financial Advisors raised its holdings in shares of 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 acquiring an additional 752 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its position 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 acquiring an additional 4,707 shares in the last quarter.

Invesco Financial Preferred ETF Price Performance

Shares of PGF opened at $14.38 on Friday. Invesco Financial Preferred ETF has a 52 week low of $14.35 and a 52 week high of $15.95. The stock has a 50 day moving average price of $14.96 and a two-hundred day moving average price of $15.17.

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.