Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sets New 52-Week High at $21.45

Shares of Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) hit a new 52-week high during trading on Thursday . The stock traded as high as $21.45 and last traded at $21.44, with a volume of 224224 shares. The stock had previously closed at $21.24.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

The firm’s fifty day moving average is $21.09 and its 200 day moving average is $20.89.

Institutional Trading of Virtus InfraCap U.S. Preferred Stock ETF

A hedge fund recently raised its stake in Virtus InfraCap U.S. Preferred Stock ETF stock. Janney Montgomery Scott LLC boosted its holdings in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 11.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,816 shares of the company’s stock after purchasing an additional 6,891 shares during the quarter. Janney Montgomery Scott LLC owned 0.23% of Virtus InfraCap U.S. Preferred Stock ETF worth $1,446,000 at the end of the most recent reporting period.

About Virtus InfraCap U.S. Preferred Stock ETF

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.