AssuredPartners Investment Advisors LLC decreased its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report) by 75.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,282 shares of the company’s stock after selling 85,722 shares during the quarter. AssuredPartners Investment Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $467,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Advisory Alpha LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF during the 1st quarter worth approximately $309,000. Janney Montgomery Scott LLC grew its holdings in VanEck Preferred Securities ex Financials ETF by 26.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,922 shares of the company’s stock valued at $468,000 after buying an additional 5,789 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in VanEck Preferred Securities ex Financials ETF by 5.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 579,369 shares of the company’s stock valued at $9,710,000 after buying an additional 28,975 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in VanEck Preferred Securities ex Financials ETF by 0.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 163,490 shares of the company’s stock valued at $2,740,000 after buying an additional 1,320 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in VanEck Preferred Securities ex Financials ETF by 19.0% during the 1st quarter. Cerity Partners LLC now owns 12,500 shares of the company’s stock valued at $210,000 after buying an additional 2,000 shares during the last quarter.
VanEck Preferred Securities ex Financials ETF Stock Up 0.1%
PFXF opened at $17.78 on Friday. The firm has a market cap of $1.96 billion, a P/E ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.28 and a 52 week high of $18.38. The business’s fifty day simple moving average is $17.82 and its 200 day simple moving average is $17.18.
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.
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