Appleton Partners Inc. MA Sells 6,252 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Appleton Partners Inc. MA cut its stake in Invesco Financial Preferred ETF (NYSEARCA:PGFFree Report) by 21.2% in the first quarter, HoldingsChannel.com reports. The fund owned 23,293 shares of the exchange traded fund’s stock after selling 6,252 shares during the period. Appleton Partners Inc. MA’s holdings in Invesco Financial Preferred ETF were worth $355,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PGF. Magnus Financial Group LLC grew its holdings in Invesco Financial Preferred ETF by 1.9% during the fourth quarter. Magnus Financial Group LLC now owns 75,349 shares of the exchange traded fund’s stock valued at $1,099,000 after purchasing an additional 1,398 shares during the period. Dearborn Partners LLC grew its position in shares of Invesco Financial Preferred ETF by 19.5% in the 4th quarter. Dearborn Partners LLC now owns 21,432 shares of the exchange traded fund’s stock valued at $312,000 after purchasing an additional 3,500 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Invesco Financial Preferred ETF by 7.8% during the fourth quarter. Stratos Wealth Partners LTD. now owns 28,626 shares of the exchange traded fund’s stock worth $417,000 after acquiring an additional 2,069 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of Invesco Financial Preferred ETF in the 4th quarter valued at about $83,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Invesco Financial Preferred ETF in the 3rd quarter valued at about $832,000.

Invesco Financial Preferred ETF Trading Up 0.7 %

NYSEARCA:PGF traded up $0.10 during trading hours on Tuesday, reaching $14.83. 87,421 shares of the stock were exchanged, compared to its average volume of 184,928. Invesco Financial Preferred ETF has a twelve month low of $13.03 and a twelve month high of $15.38. The firm has a 50 day moving average of $14.70 and a 200 day moving average of $14.85.

About Invesco Financial Preferred ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco Financial Preferred ETF (NYSEARCA:PGF)

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