VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Purchased by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC increased its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 6.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,519 shares of the company’s stock after purchasing an additional 865 shares during the quarter. Pasadena Private Wealth LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $257,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PFXF. Envestnet Asset Management Inc. grew its position in 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 valued at $12,751,000 after acquiring an additional 346,324 shares in the last quarter. Carmel Capital Partners LLC acquired a new stake in VanEck Preferred Securities ex Financials ETF in the fourth quarter valued at approximately $3,221,000. Truist Financial Corp grew its position in VanEck Preferred Securities ex Financials ETF by 1,153.7% in the fourth quarter. Truist Financial Corp now owns 143,549 shares of the company’s stock valued at $2,466,000 after acquiring an additional 132,099 shares in the last quarter. RS Crum Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 11.6% during the fourth quarter. RS Crum Inc. now owns 1,263,901 shares of the company’s stock worth $21,714,000 after buying an additional 131,789 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of VanEck Preferred Securities ex Financials ETF by 43.1% during the first quarter. Park Avenue Securities LLC now owns 375,221 shares of the company’s stock worth $6,638,000 after buying an additional 113,000 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF stock traded down $0.04 during mid-day trading on Friday, reaching $17.26. 67,385 shares of the company were exchanged, compared to its average volume of 519,108. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $15.58 and a fifty-two week high of $18.07. The company has a market capitalization of $1.60 billion, a P/E ratio of 0.59 and a beta of 0.51. The business’s 50 day simple moving average is $17.34 and its 200 day simple moving average is $17.43.

VanEck Preferred Securities ex Financials ETF 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.