Capital Investment Advisory Services LLC Has $44,000 Stock Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Capital Investment Advisory Services LLC trimmed its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 23.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,033 shares of the exchange traded fund’s stock after selling 946 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Invesco Financial Preferred ETF were worth $44,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PGF. Register Financial Advisors LLC bought a new stake in shares of Invesco Financial Preferred ETF in the fourth quarter valued at about $28,000. Baystate Wealth Management LLC bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth about $30,000. IFP Advisors Inc lifted its stake in Invesco Financial Preferred ETF by 95.3% during the third quarter. IFP Advisors Inc now owns 3,952 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 1,928 shares during the period. CWM LLC lifted its stake in Invesco Financial Preferred ETF by 172.7% during the third quarter. CWM LLC now owns 4,737 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 3,000 shares during the period. Finally, Friedenthal Financial bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth about $70,000.

Invesco Financial Preferred ETF Price Performance

Shares of Invesco Financial Preferred ETF stock opened at $14.57 on Friday. The firm has a 50 day simple moving average of $15.04 and a 200 day simple moving average of $14.59. Invesco Financial Preferred ETF has a fifty-two week low of $13.03 and a fifty-two week high of $15.38.

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.