Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA – Get Free Report) fell 1% during trading on Monday . The company traded as low as $20.63 and last traded at $20.67. 864,673 shares traded hands during trading, a decline of 15% from the average daily volume of 1,013,593 shares. The stock had previously closed at $20.88.
Virtus InfraCap U.S. Preferred Stock ETF Price Performance
The business’s fifty day moving average is $21.15 and its two-hundred day moving average is $21.34.
Hedge Funds Weigh In On Virtus InfraCap U.S. Preferred Stock ETF
Institutional investors and hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 37.2% in the fourth quarter. AdvisorNet Financial Inc now owns 295,733 shares of the company’s stock worth $6,373,000 after acquiring an additional 80,180 shares in the last quarter. JPMorgan Chase & Co. raised its position in Virtus InfraCap U.S. Preferred Stock ETF by 34,786.8% during the third quarter. JPMorgan Chase & Co. now owns 53,028 shares of the company’s stock valued at $1,151,000 after purchasing an additional 52,876 shares during the period. Kelleher Financial Advisors purchased a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter valued at approximately $321,000. Sunbelt Securities Inc. lifted its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 177.3% in the 1st quarter. Sunbelt Securities Inc. now owns 56,816 shares of the company’s stock valued at $1,157,000 after purchasing an additional 36,328 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake 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 last quarter.
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.
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