AE Wealth Management LLC Increases Holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF)

AE Wealth Management LLC grew its stake in shares of Invesco Financial Preferred ETF (NYSEARCA:PGF) by 30.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,292 shares of the exchange traded fund’s stock after purchasing an additional 16,033 shares during the quarter. AE Wealth Management LLC owned approximately 0.08% of Invesco Financial Preferred ETF worth $1,279,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Stuart Chaussee & Associates Inc. bought a new position in Invesco Financial Preferred ETF in the second quarter worth $101,000. Cornerstone Wealth Management LLC bought a new position in Invesco Financial Preferred ETF in the second quarter worth $300,000. Wagner Wealth Management LLC raised its holdings in Invesco Financial Preferred ETF by 3,168.1% in the first quarter. Wagner Wealth Management LLC now owns 7,484 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 7,255 shares in the last quarter. Transamerica Financial Advisors Inc. raised its holdings in Invesco Financial Preferred ETF by 59.6% in the first quarter. Transamerica Financial Advisors Inc. now owns 10,475 shares of the exchange traded fund’s stock worth $195,000 after purchasing an additional 3,913 shares in the last quarter. Finally, CAPROCK Group Inc. bought a new position in Invesco Financial Preferred ETF in the second quarter worth $210,000.

Shares of NYSEARCA:PGF traded down $0.02 on Friday, hitting $17.78. 646,148 shares of the company traded hands, compared to its average volume of 304,355. Invesco Financial Preferred ETF has a 52 week low of $17.75 and a 52 week high of $19.11.

The business also recently declared a monthly dividend, which was paid on Friday, September 28th. Stockholders of record on Tuesday, September 25th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, September 24th. This represents a $0.96 annualized dividend and a dividend yield of 5.40%.

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.

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

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