Shares of Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA – Get Free Report) hit a new 52-week low on Tuesday. The stock traded as low as $18.38 and last traded at $18.3950, with a volume of 360,638 shares trading hands. The stock had previously closed at $18.65.
Virtus InfraCap U.S. Preferred Stock ETF Trading Down 1.5%
The business has a fifty day moving average of $19.72 and a 200-day moving average of $20.83.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Tsfg LLC bought a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF in the second quarter valued at $29,000. Noble Wealth Management PBC acquired a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF during the third quarter worth $30,000. Allied Private Wealth LLC purchased a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF during the second quarter valued at $42,000. Farther Finance Advisors LLC lifted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 11.7% during the third quarter. Farther Finance Advisors LLC now owns 29,442 shares of the company’s stock valued at $581,000 after purchasing an additional 3,086 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 31.0% in the 1st quarter. Bank of New York Mellon Corp now owns 32,974 shares of the company’s stock valued at $671,000 after purchasing an additional 7,805 shares during the period.
Virtus InfraCap U.S. Preferred Stock ETF Company Profile
The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal. PFFA was launched on May 15, 2018 and is managed by Virtus.
Further Reading
- Five stocks we like better than Virtus InfraCap U.S. Preferred Stock ETF
- Fox’s $22 Billion Roku Acquisition Reshapes Its Streaming Business
- DraftKings Just Lost 20%—And Its Biggest Gamble Is Still Ahead
- Barrick’s Earnings Beat Could Be Overshadowed by an Even Bigger Opportunity
- Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
Receive News & Ratings for Virtus InfraCap U.S. Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus InfraCap U.S. Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.
