Western Financial Corp CA Increases Position in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Western Financial Corp CA increased its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 70.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,787 shares of the exchange traded fund’s stock after buying an additional 9,030 shares during the period. Western Financial Corp CA’s holdings in Invesco Financial Preferred ETF were worth $317,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Janney Montgomery Scott LLC raised its position in shares of Invesco Financial Preferred ETF by 120.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,694 shares of the exchange traded fund’s stock valued at $403,000 after purchasing an additional 15,133 shares during the period. Magnus Financial Group LLC grew its holdings in shares of Invesco Financial Preferred ETF by 1.5% during the fourth quarter. Magnus Financial Group LLC now owns 80,035 shares of the exchange traded fund’s stock worth $1,165,000 after purchasing an additional 1,213 shares in the last quarter. City Center Advisors LLC purchased a new position in Invesco Financial Preferred ETF in the 4th quarter worth approximately $147,000. International Assets Investment Management LLC bought a new position in Invesco Financial Preferred ETF in the fourth quarter valued at $697,000. Finally, Sterneck Capital Management LLC raised its holdings in shares of Invesco Financial Preferred ETF by 27.0% during the 4th quarter. Sterneck Capital Management LLC now owns 117,173 shares of the exchange traded fund’s stock valued at $1,705,000 after buying an additional 24,928 shares in the last quarter.

Invesco Financial Preferred ETF Stock Down 0.9 %

PGF stock opened at $14.67 on Friday. The firm’s fifty day moving average is $14.80 and its 200 day moving average is $15.15. Invesco Financial Preferred ETF has a 52 week low of $14.25 and a 52 week 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.