International Assets Investment Management LLC Invests $253,000 in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

International Assets Investment Management LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 14,706 shares of the company’s stock, valued at approximately $253,000.

Several other institutional investors also recently modified their holdings of the stock. LPL Financial LLC grew its position in shares of VanEck Preferred Securities ex Financials ETF by 5.9% during the 3rd quarter. LPL Financial LLC now owns 1,351,116 shares of the company’s stock worth $22,712,000 after buying an additional 75,101 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 1.0% during the 4th 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 during the period. RS Crum Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 389.1% during the 3rd quarter. RS Crum Inc. now owns 1,132,112 shares of the company’s stock worth $19,031,000 after buying an additional 900,627 shares during the period. Tanager Wealth Management LLP grew its position in shares of VanEck Preferred Securities ex Financials ETF by 11.5% during the 3rd quarter. Tanager Wealth Management LLP now owns 955,170 shares of the company’s stock worth $16,056,000 after buying an additional 98,697 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 84.0% during the 3rd 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 during the period.

VanEck Preferred Securities ex Financials ETF Trading Down 0.1 %

VanEck Preferred Securities ex Financials ETF stock opened at $17.01 on Friday. The business has a 50-day moving average of $17.52 and a 200-day moving average of $17.13. VanEck Preferred Securities ex Financials ETF has a 1 year low of $15.58 and a 1 year high of $18.07. The firm has a market capitalization of $1.57 billion, a P/E ratio of 0.59 and a beta of 0.51.

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.