Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Shares Down 0.4% – What’s Next?

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA)’s stock price was down 0.4% on Monday . The stock traded as low as $21.41 and last traded at $21.46. Approximately 819,492 shares changed hands during trading, an increase of 43% from the average daily volume of 571,820 shares. The stock had previously closed at $21.55.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

The stock’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $21.36.

Institutional Trading of Virtus InfraCap U.S. Preferred Stock ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management raised its position in Virtus InfraCap U.S. Preferred Stock ETF by 2.4% during the 3rd quarter. Triumph Capital Management now owns 21,936 shares of the company’s stock worth $476,000 after buying an additional 518 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 2.7% during the third quarter. Integrated Wealth Concepts LLC now owns 26,724 shares of the company’s stock worth $580,000 after purchasing an additional 695 shares during the last quarter. Darden Wealth Group Inc lifted its position in Virtus InfraCap U.S. Preferred Stock ETF by 4.1% during the second quarter. Darden Wealth Group Inc now owns 22,907 shares of the company’s stock valued at $477,000 after purchasing an additional 905 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 50.0% in the second quarter. EverSource Wealth Advisors LLC now owns 3,000 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Anfield Capital Management LLC grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 39.7% during the 1st quarter. Anfield Capital Management LLC now owns 5,208 shares of the company’s stock worth $110,000 after purchasing an additional 1,481 shares during the period.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.