Procyon Advisors LLC Trims Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Procyon Advisors LLC lessened its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 95.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,174 shares of the company’s stock after selling 939,665 shares during the period. Procyon Advisors LLC owned 0.06% of VanEck Preferred Securities ex Financials ETF worth $725,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of PFXF. NBC Securities Inc. bought a new position in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth about $25,000. Money Concepts Capital Corp bought a new position in VanEck Preferred Securities ex Financials ETF in the 4th quarter worth about $37,000. WealthShield Partners LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth about $41,000. Retirement Group LLC raised its position in VanEck Preferred Securities ex Financials ETF by 58.9% in the 4th quarter. Retirement Group LLC now owns 2,989 shares of the company’s stock worth $50,000 after buying an additional 1,108 shares during the last quarter. Finally, Citigroup Inc. raised its position in VanEck Preferred Securities ex Financials ETF by 64.6% in the 4th quarter. Citigroup Inc. now owns 4,427 shares of the company’s stock worth $74,000 after buying an additional 1,738 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

NYSEARCA:PFXF traded up $0.05 during mid-day trading on Thursday, reaching $17.94. The company’s stock had a trading volume of 74,062 shares, compared to its average volume of 512,121. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.58 and a 12-month high of $18.07. The firm’s fifty day moving average price is $17.59 and its two-hundred day moving average price is $17.03.

VanEck Preferred Securities ex Financials ETF Company Profile

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.