Wealth Enhancement Advisory Services LLC Grows Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Wealth Enhancement Advisory Services LLC grew its stake in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 16.4% during the 1st quarter, HoldingsChannel reports. The firm owned 47,921 shares of the exchange traded fund’s stock after buying an additional 6,764 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco Financial Preferred ETF were worth $684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of PGF. Integrated Advisors Network LLC raised its stake in shares of Invesco Financial Preferred ETF by 4.6% during the 1st quarter. Integrated Advisors Network LLC now owns 165,573 shares of the exchange traded fund’s stock worth $2,364,000 after buying an additional 7,233 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Invesco Financial Preferred ETF by 145.4% during the 1st quarter. Farther Finance Advisors LLC now owns 11,489 shares of the exchange traded fund’s stock worth $164,000 after buying an additional 6,807 shares during the period. Magnus Financial Group LLC raised its stake in shares of Invesco Financial Preferred ETF by 1.5% during the 1st quarter. Magnus Financial Group LLC now owns 81,246 shares of the exchange traded fund’s stock worth $1,160,000 after buying an additional 1,211 shares during the period. Signal Advisors Wealth LLC acquired a new position in shares of Invesco Financial Preferred ETF during the 1st quarter worth approximately $1,462,000. Finally, HF Advisory Group LLC raised its stake in shares of Invesco Financial Preferred ETF by 5.2% during the 1st quarter. HF Advisory Group LLC now owns 20,141 shares of the exchange traded fund’s stock worth $288,000 after buying an additional 992 shares during the period.

Invesco Financial Preferred ETF Stock Down 0.1%

Shares of PGF stock opened at $14.31 on Friday. The stock has a 50 day simple moving average of $14.04 and a 200-day simple moving average of $14.35. Invesco Financial Preferred ETF has a 1-year low of $13.62 and a 1-year high of $15.95.

About Invesco Financial Preferred ETF

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.