VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $18.60 and last traded at $18.58, with a volume of 209421 shares trading hands. The stock had previously closed at $18.52.
VanEck Preferred Securities ex Financials ETF Trading Down 0.4%
The company has a market cap of $2.23 billion, a PE ratio of 0.59 and a beta of 0.61. The stock has a 50 day moving average price of $18.03 and a 200 day moving average price of $17.94.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the 3rd quarter valued at about $33,000. International Assets Investment Management LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at about $38,000. High Point Wealth Management LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at about $50,000. Allworth Financial LP lifted its position in VanEck Preferred Securities ex Financials ETF by 72.0% during the 3rd quarter. Allworth Financial LP now owns 2,913 shares of the company’s stock valued at $52,000 after acquiring an additional 1,219 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in VanEck Preferred Securities ex Financials ETF by 1,338.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,935 shares of the company’s stock valued at $52,000 after acquiring an additional 2,731 shares during the period.
About VanEck Preferred Securities ex Financials ETF
The VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index comprised of USD denominated preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded. PFXF was launched on Jul 16, 2012 and is managed by VanEck.
Further Reading
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