Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 983,701 shares traded hands during mid-day trading, an increase of 44% from the previous session’s volume of 685,033 shares. The stock last traded at $17.6050 and had previously closed at $17.64.
Global X U.S. Preferred ETF Price Performance
The company’s 50-day moving average price is $18.28 and its two-hundred day moving average price is $18.59.
Hedge Funds Weigh In On Global X U.S. Preferred ETF
Hedge funds have recently added to or reduced their stakes in the stock. Plimoth Trust Co. LLC increased its holdings in Global X U.S. Preferred ETF by 1.1% in the 2nd quarter. Plimoth Trust Co. LLC now owns 70,279 shares of the company’s stock valued at $1,314,000 after buying an additional 741 shares during the period. Alteri Wealth LLC lifted its position in shares of Global X U.S. Preferred ETF by 1.5% during the 4th quarter. Alteri Wealth LLC now owns 53,454 shares of the company’s stock worth $1,011,000 after buying an additional 774 shares during the last quarter. American Institute for Advanced Investment Management LLP grew its position in Global X U.S. Preferred ETF by 2.4% in the first quarter. American Institute for Advanced Investment Management LLP now owns 37,448 shares of the company’s stock valued at $689,000 after acquiring an additional 865 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Global X U.S. Preferred ETF by 17.2% in the 4th quarter. Harbour Investments Inc. now owns 6,682 shares of the company’s stock valued at $126,000 after purchasing an additional 981 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its stake in Global X U.S. Preferred ETF by 4.2% in the 1st quarter. First Citizens Bank & Trust Co. now owns 34,875 shares of the company’s stock valued at $642,000 after purchasing an additional 1,405 shares during the last quarter.
Global X U.S. Preferred ETF Company Profile
The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.
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