MeadowBrook Investment Advisors LLC Makes New Investment in Global X SuperIncome Preferred ETF (NYSEARCA:SPFF)

MeadowBrook Investment Advisors LLC acquired a new stake in Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,945 shares of the company’s stock, valued at approximately $145,000. MeadowBrook Investment Advisors LLC owned about 0.08% of Global X SuperIncome Preferred ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James & Associates boosted its holdings in shares of Global X SuperIncome Preferred ETF by 20.6% during the 3rd quarter. Raymond James & Associates now owns 23,438 shares of the company’s stock worth $206,000 after buying an additional 3,997 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in Global X SuperIncome Preferred ETF by 8.8% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 299,276 shares of the company’s stock valued at $2,627,000 after acquiring an additional 24,183 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Global X SuperIncome Preferred ETF by 20.5% during the third quarter. D.A. Davidson & CO. now owns 49,840 shares of the company’s stock worth $438,000 after purchasing an additional 8,481 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Global X SuperIncome Preferred ETF by 10.5% in the 3rd quarter. HighTower Advisors LLC now owns 104,127 shares of the company’s stock valued at $914,000 after purchasing an additional 9,857 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Global X SuperIncome Preferred ETF by 2.7% in the 3rd quarter. LPL Financial LLC now owns 772,137 shares of the company’s stock valued at $6,779,000 after purchasing an additional 20,076 shares during the last quarter.

Global X SuperIncome Preferred ETF Stock Performance

Global X SuperIncome Preferred ETF stock traded up $0.05 during midday trading on Monday, reaching $9.22. The company’s stock had a trading volume of 85,160 shares, compared to its average volume of 58,679. Global X SuperIncome Preferred ETF has a 52 week low of $8.11 and a 52 week high of $9.57. The business has a 50-day moving average price of $9.30 and a 200-day moving average price of $9.11.

Global X SuperIncome Preferred ETF Profile

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.