Janney Montgomery Scott LLC Purchases 45,510 Shares of InfraCap REIT Preferred ETF $PFFR

Janney Montgomery Scott LLC lifted its position in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 101.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,350 shares of the company’s stock after purchasing an additional 45,510 shares during the quarter. Janney Montgomery Scott LLC owned about 1.37% of InfraCap REIT Preferred ETF worth $1,559,000 at the end of the most recent quarter.

InfraCap REIT Preferred ETF Stock Performance

Shares of NYSEARCA PFFR opened at $17.75 on Friday. The stock’s 50-day simple moving average is $17.67 and its two-hundred day simple moving average is $17.82. InfraCap REIT Preferred ETF has a twelve month low of $17.05 and a twelve month high of $19.27.

About InfraCap REIT Preferred ETF

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.