McClarren Financial Advisors Inc. Increases Stake in Invesco Financial Preferred ETF (NYSEARCA:PGF)

McClarren Financial Advisors Inc. grew its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 14,226.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,149 shares of the exchange traded fund’s stock after purchasing an additional 2,134 shares during the quarter. McClarren Financial Advisors Inc.’s holdings in Invesco Financial Preferred ETF were worth $31,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Invesco Financial Preferred ETF by 23,087.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 873,248 shares of the exchange traded fund’s stock valued at $13,675,000 after buying an additional 869,482 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Invesco Financial Preferred ETF in the third quarter valued at about $72,000. Captrust Financial Advisors raised its stake in shares of Invesco Financial Preferred ETF by 1.7% during the third quarter. Captrust Financial Advisors now owns 45,022 shares of the exchange traded fund’s stock valued at $705,000 after acquiring an additional 752 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Invesco Financial Preferred ETF by 6.4% during the third quarter. Asset Management One Co. Ltd. now owns 78,210 shares of the exchange traded fund’s stock worth $1,225,000 after purchasing an additional 4,707 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Invesco Financial Preferred ETF in the third quarter worth about $412,000.

Invesco Financial Preferred ETF Stock Performance

Shares of NYSEARCA:PGF opened at $14.64 on Thursday. The stock’s 50-day moving average is $14.73 and its 200 day moving average is $15.14. Invesco Financial Preferred ETF has a 1 year low of $14.25 and a 1 year 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.