VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 37.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 260,879 shares of the company’s stock after selling 156,235 shares during the period. Park Avenue Securities LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $4,500,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at about $29,000. MeadowBrook Investment Advisors LLC increased its position in VanEck Preferred Securities ex Financials ETF by 11,741.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock worth $136,000 after purchasing an additional 7,397 shares during the last quarter. Private Trust Co. NA increased its position in VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after purchasing an additional 1,112 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in VanEck Preferred Securities ex Financials ETF during the third quarter worth approximately $201,000. Finally, Drucker Wealth 3.0 LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at $219,000.

VanEck Preferred Securities ex Financials ETF Stock Up 0.3 %

PFXF stock opened at $17.38 on Friday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. The business has a fifty day simple moving average of $17.73 and a 200-day simple moving average of $17.75. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.77 and a 52 week high of $18.45.

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.