VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Bought by Wealth Alliance

Wealth Alliance boosted its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,309 shares of the company’s stock after buying an additional 8,750 shares during the quarter. Wealth Alliance’s holdings in VanEck Preferred Securities ex Financials ETF were worth $796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PFXF. Hofer & Associates. Inc lifted its holdings in VanEck Preferred Securities ex Financials ETF by 7.9% during the fourth quarter. Hofer & Associates. Inc now owns 15,908 shares of the company’s stock valued at $273,000 after purchasing an additional 1,158 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 1.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,207,947 shares of the company’s stock worth $20,753,000 after buying an additional 12,083 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 84.0% in the third quarter. Envestnet Asset Management Inc. now owns 758,522 shares of the company’s stock worth $12,751,000 after buying an additional 346,324 shares in the last quarter. LPL Financial LLC raised its stake in VanEck Preferred Securities ex Financials ETF by 5.9% during the third quarter. LPL Financial LLC now owns 1,351,116 shares of the company’s stock worth $22,712,000 after purchasing an additional 75,101 shares during the period. Finally, Raymond James & Associates raised its stake in VanEck Preferred Securities ex Financials ETF by 18.3% during the fourth quarter. Raymond James & Associates now owns 527,817 shares of the company’s stock worth $9,068,000 after purchasing an additional 81,743 shares during the period.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of PFXF opened at $16.84 on Wednesday. VanEck Preferred Securities ex Financials ETF has a 1-year low of $15.58 and a 1-year high of $18.07. The stock has a market cap of $1.56 billion, a PE ratio of 0.59 and a beta of 0.51. The firm has a 50-day simple moving average of $17.59 and a two-hundred day simple moving average of $17.08.

About VanEck Preferred Securities ex Financials ETF

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.