PowerShares Fin. Preferred Port. (NYSE:PGF)‘s stock had its “hold” rating reiterated by stock analysts at Royal Bank Of Canada in a research note issued on Monday.

Separately, Canaccord Genuity reissued a “sell” rating on shares of PowerShares Fin. Preferred Port. in a research note on Thursday, October 19th.

PowerShares Fin. Preferred Port. (NYSE PGF) traded down 0.185% during mid-day trading on Monday, hitting $18.885. 119,581 shares of the company traded hands. PowerShares Fin. Preferred Port. has a one year low of $17.65 and a one year high of $19.17. The company’s 50-day moving average is $18.95 and its 200-day moving average is $18.98.

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Several large investors have recently added to or reduced their stakes in PGF. Aviance Capital Partners LLC grew its stake in shares of PowerShares Fin. Preferred Port. by 8.8% in the second quarter. Aviance Capital Partners LLC now owns 54,861 shares of the exchange traded fund’s stock valued at $1,048,000 after buying an additional 4,429 shares in the last quarter. DT Investment Partners LLC grew its stake in shares of PowerShares Fin. Preferred Port. by 20.1% in the second quarter. DT Investment Partners LLC now owns 116,653 shares of the exchange traded fund’s stock valued at $2,229,000 after buying an additional 19,499 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of PowerShares Fin. Preferred Port. by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 23,067 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 3,079 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of PowerShares Fin. Preferred Port. in the second quarter valued at $469,000. Finally, Endurance Wealth Management Inc. grew its stake in shares of PowerShares Fin. Preferred Port. by 3.0% in the second quarter. Endurance Wealth Management Inc. now owns 23,030 shares of the exchange traded fund’s stock valued at $440,000 after buying an additional 660 shares in the last quarter.

PowerShares Fin. Preferred Port. 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.

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