Invesco Financial Preferred ETF (PGF) Shares Bought by NewSquare Capital LLC

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NewSquare Capital LLC boosted its holdings in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 13.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,737 shares of the exchange traded fund’s stock after buying an additional 15,495 shares during the quarter. NewSquare Capital LLC owned 0.16% of Invesco Financial Preferred ETF worth $2,342,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in Invesco Financial Preferred ETF by 6.2% during the 2nd quarter. Bank of America Corp DE now owns 1,665,000 shares of the exchange traded fund’s stock worth $30,736,000 after buying an additional 96,825 shares in the last quarter. AE Wealth Management LLC lifted its holdings in Invesco Financial Preferred ETF by 30.1% during the 2nd quarter. AE Wealth Management LLC now owns 69,292 shares of the exchange traded fund’s stock worth $1,279,000 after buying an additional 16,033 shares in the last quarter. GWM Advisors LLC acquired a new stake in Invesco Financial Preferred ETF during the 2nd quarter worth approximately $836,000. CAPROCK Group Inc. acquired a new stake in Invesco Financial Preferred ETF during the 2nd quarter worth approximately $210,000. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco Financial Preferred ETF by 20.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 132,498 shares of the exchange traded fund’s stock worth $2,444,000 after buying an additional 22,112 shares in the last quarter.

Invesco Financial Preferred ETF stock traded up $0.06 during mid-day trading on Friday, reaching $17.90. 12,480 shares of the company’s stock were exchanged, compared to its average volume of 309,713. Invesco Financial Preferred ETF has a twelve month low of $17.70 and a twelve month high of $19.11.

The firm also recently announced a monthly dividend, which was paid on Friday, September 28th. Shareholders of record on Tuesday, September 25th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, September 24th. This represents a $0.96 dividend on an annualized basis and a yield of 5.36%.

Invesco Financial Preferred ETF 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.

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Institutional Ownership by Quarter for Invesco Financial Preferred ETF (NYSEARCA:PGF)

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