Freedom Investment Management Inc. Sells 4,992 Shares of Invesco Financial Preferred ETF (NYSEARCA:PGF)

Freedom Investment Management Inc. reduced its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 6.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,253 shares of the exchange traded fund’s stock after selling 4,992 shares during the quarter. Freedom Investment Management Inc. owned 0.12% of Invesco Financial Preferred ETF worth $1,116,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC bought a new stake in shares of Invesco Financial Preferred ETF in the third quarter worth about $33,000. International Assets Investment Management LLC purchased a new position in Invesco Financial Preferred ETF during the 2nd quarter valued at $40,000. Avior Wealth Management LLC raised its holdings in Invesco Financial Preferred ETF by 305.7% in the 3rd quarter. Avior Wealth Management LLC now owns 3,006 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 2,265 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco Financial Preferred ETF in the 2nd quarter worth about $52,000. Finally, Lynx Investment Advisory bought a new stake in shares of Invesco Financial Preferred ETF during the 2nd quarter valued at about $60,000.

Invesco Financial Preferred ETF Price Performance

PGF stock opened at $15.10 on Thursday. Invesco Financial Preferred ETF has a 1 year low of $14.11 and a 1 year high of $15.95. The firm has a 50-day moving average of $15.49 and a 200 day moving average of $15.15.

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.