LJI Wealth Management LLC Grows Stock Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

LJI Wealth Management LLC raised its position in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 18.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,408 shares of the exchange traded fund’s stock after acquiring an additional 6,894 shares during the quarter. LJI Wealth Management LLC owned approximately 0.07% of Invesco Financial Preferred ETF worth $680,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in Invesco Financial Preferred ETF in the second quarter valued at approximately $1,346,000. RFG Holdings Inc. increased its holdings in shares of Invesco Financial Preferred ETF by 9.2% in the 2nd quarter. RFG Holdings Inc. now owns 945,977 shares of the exchange traded fund’s stock valued at $13,934,000 after acquiring an additional 79,488 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in shares of Invesco Financial Preferred ETF during the 2nd quarter worth about $345,000. Fiduciary Alliance LLC acquired a new stake in Invesco Financial Preferred ETF during the third quarter worth approximately $331,000. Finally, Essex LLC acquired a new stake in Invesco Financial Preferred ETF during the 2nd quarter worth $298,000.

Invesco Financial Preferred ETF Stock Performance

Shares of PGF stock traded down $0.01 during mid-day trading on Friday, hitting $15.18. 150,660 shares of the stock were exchanged, compared to its average volume of 176,104. The stock’s fifty day simple moving average is $15.59 and its two-hundred day simple moving average is $15.13. Invesco Financial Preferred ETF has a 12-month low of $13.92 and a 12-month high of $15.95.

Invesco Financial Preferred ETF Company Profile

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.