Rehmann Capital Advisory Group Grows Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

Rehmann Capital Advisory Group grew its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,762 shares of the exchange traded fund’s stock after buying an additional 1,828 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Invesco Financial Preferred ETF were worth $225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Register Financial Advisors LLC purchased a new position in shares of Invesco Financial Preferred ETF during the 4th quarter valued at approximately $28,000. Baystate Wealth Management LLC bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth $30,000. Friedenthal Financial bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth $70,000. Principal Securities Inc. bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth $77,000. Finally, Anchor Investment Management LLC bought a new position in Invesco Financial Preferred ETF during the fourth quarter worth $83,000.

Invesco Financial Preferred ETF Stock Performance

PGF traded up $0.12 during trading hours on Wednesday, hitting $14.86. 94,818 shares of the stock were exchanged, compared to its average volume of 180,650. The stock has a 50-day simple moving average of $14.76 and a 200-day simple moving average of $14.89. Invesco Financial Preferred ETF has a 12 month low of $13.03 and a 12 month high of $15.38.

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.