InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Shares Up 0.1% – Still a Buy?

InfraCap REIT Preferred ETF (NYSEARCA:PFFRGet Free Report)’s stock price shot up 0.1% during mid-day trading on Monday . The company traded as high as $17.86 and last traded at $17.65. 65,671 shares were traded during mid-day trading, an increase of 62% from the average session volume of 40,605 shares. The stock had previously closed at $17.63.

InfraCap REIT Preferred ETF Trading Up 0.1%

The company’s 50-day simple moving average is $17.64 and its 200 day simple moving average is $17.77.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC lifted its stake in InfraCap REIT Preferred ETF (NYSEARCA:PFFRFree Report) by 4.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,840 shares of the company’s stock after acquiring an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned 0.76% of InfraCap REIT Preferred ETF worth $808,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Company Profile

(Get Free Report)

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.

Further Reading

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