Citadel Advisors LLC Invests $844,000 in Invesco Financial Preferred ETF $PGF

Citadel Advisors LLC bought a new stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 61,562 shares of the exchange traded fund’s stock, valued at approximately $844,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. North Star Investment Management Corp. lifted its holdings in shares of Invesco Financial Preferred ETF by 19.0% in the first quarter. North Star Investment Management Corp. now owns 318,191 shares of the exchange traded fund’s stock valued at $4,378,000 after buying an additional 50,749 shares during the period. Fifth Third Bancorp bought a new stake in Invesco Financial Preferred ETF in the first quarter worth about $1,021,000. B. Riley Wealth Advisors Inc. bought a new stake in Invesco Financial Preferred ETF in the second quarter worth about $315,000. Thrivent Financial for Lutherans acquired a new stake in Invesco Financial Preferred ETF in the 2nd quarter valued at about $233,000. Finally, Aptus Capital Advisors LLC lifted its holdings in Invesco Financial Preferred ETF by 19.2% in the 4th quarter. Aptus Capital Advisors LLC now owns 10,234 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 1,649 shares during the last quarter.

Invesco Financial Preferred ETF Stock Up 0.3%

Shares of PGF opened at $13.18 on Friday. The firm’s 50 day moving average is $13.52 and its 200-day moving average is $13.80. Invesco Financial Preferred ETF has a 12-month low of $13.11 and a 12-month high of $15.00.

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. The Fund normally invests at least 90% of its total assets in preferred securities that consists of the Index. The Fund may contain securities in the financial and insurance sectors.