Apollon Wealth Management LLC Sells 32,978 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Apollon Wealth Management LLC trimmed its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 66.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,936 shares of the company’s stock after selling 32,978 shares during the period. Apollon Wealth Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $301,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Roman Butler Fullerton & Co. raised its stake in VanEck Preferred Securities ex Financials ETF by 2.6% in the 2nd quarter. Roman Butler Fullerton & Co. now owns 25,614 shares of the company’s stock valued at $448,000 after acquiring an additional 650 shares during the period. Chicago Partners Investment Group LLC increased its holdings in shares of VanEck Preferred Securities ex Financials ETF by 0.7% in the second quarter. Chicago Partners Investment Group LLC now owns 106,784 shares of the company’s stock valued at $1,872,000 after purchasing an additional 774 shares during the last quarter. Simplex Trading LLC increased its holdings in shares of VanEck Preferred Securities ex Financials ETF by 97.2% in the second quarter. Simplex Trading LLC now owns 1,597 shares of the company’s stock valued at $27,000 after purchasing an additional 787 shares during the last quarter. Comerica Bank raised its position in shares of VanEck Preferred Securities ex Financials ETF by 5.0% in the first quarter. Comerica Bank now owns 17,061 shares of the company’s stock valued at $286,000 after purchasing an additional 817 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 0.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 278,173 shares of the company’s stock worth $4,762,000 after buying an additional 946 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF stock opened at $17.89 on Monday. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.28 and a 52 week high of $18.11. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 0.59 and a beta of 0.60. The company has a 50-day simple moving average of $17.65 and a 200 day simple moving average of $17.65.

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.