Invesco Financial Preferred ETF $PGF Shares Bought by North Star Investment Management Corp.

North Star Investment Management Corp. grew its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 19.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 318,191 shares of the exchange traded fund’s stock after purchasing an additional 50,749 shares during the quarter. North Star Investment Management Corp. owned about 0.62% of Invesco Financial Preferred ETF worth $4,378,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PGF. Envestnet Portfolio Solutions Inc. lifted its position in Invesco Financial Preferred ETF by 60.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 41,910 shares of the exchange traded fund’s stock worth $593,000 after buying an additional 15,730 shares in the last quarter. Evoke Wealth LLC boosted its stake in Invesco Financial Preferred ETF by 4.9% during the fourth quarter. Evoke Wealth LLC now owns 334,076 shares of the exchange traded fund’s stock worth $4,724,000 after buying an additional 15,752 shares during the last quarter. Wilian Securities LLC purchased a new stake in Invesco Financial Preferred ETF in the 4th quarter valued at $230,000. Truist Financial Corp grew its holdings in Invesco Financial Preferred ETF by 6.5% in the 4th quarter. Truist Financial Corp now owns 25,177 shares of the exchange traded fund’s stock valued at $356,000 after buying an additional 1,540 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Invesco Financial Preferred ETF by 11.4% in the 4th quarter. Private Trust Co. NA now owns 12,620 shares of the exchange traded fund’s stock worth $178,000 after acquiring an additional 1,290 shares during the last quarter.

Invesco Financial Preferred ETF Stock Performance

NYSEARCA PGF opened at $13.66 on Monday. Invesco Financial Preferred ETF has a 52 week low of $13.61 and a 52 week high of $15.00. The business’s fifty day simple moving average is $13.88 and its 200-day simple moving average is $14.09.

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.