PUREfi Wealth LLC Purchases New Position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

PUREfi Wealth LLC acquired a new position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,570 shares of the company’s stock, valued at approximately $249,000. PUREfi Wealth LLC owned 0.10% of Global X Variable Rate Preferred ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Leslie Global Wealth LLC grew its holdings in Global X Variable Rate Preferred ETF by 6.6% in the third quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock worth $4,858,000 after purchasing an additional 12,559 shares during the period. Creative Planning grew its holdings in Global X Variable Rate Preferred ETF by 31.1% in the third quarter. Creative Planning now owns 171,806 shares of the company’s stock worth $4,132,000 after purchasing an additional 40,717 shares during the period. Investment Partners Asset Management Inc. grew its holdings in Global X Variable Rate Preferred ETF by 4.4% in the fourth quarter. Investment Partners Asset Management Inc. now owns 159,030 shares of the company’s stock worth $3,749,000 after purchasing an additional 6,737 shares during the period. Princeton Global Asset Management LLC grew its holdings in Global X Variable Rate Preferred ETF by 0.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 88,326 shares of the company’s stock worth $2,082,000 after purchasing an additional 579 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in Global X Variable Rate Preferred ETF by 298.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 83,317 shares of the company’s stock worth $1,964,000 after purchasing an additional 62,411 shares during the period.

Global X Variable Rate Preferred ETF Stock Performance

Shares of PFFV opened at $23.98 on Friday. Global X Variable Rate Preferred ETF has a fifty-two week low of $22.92 and a fifty-two week high of $24.48. The firm’s 50-day simple moving average is $23.86 and its two-hundred day simple moving average is $23.93.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.