FF Advisors LLC Purchases 28,956 Shares of Global X U.S. Preferred ETF $PFFD

FF Advisors LLC increased its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 31.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 120,569 shares of the company’s stock after buying an additional 28,956 shares during the period. Global X U.S. Preferred ETF comprises approximately 1.0% of FF Advisors LLC’s holdings, making the stock its 25th largest position. FF Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $2,280,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PFFD. Bank of Montreal Can boosted its holdings in Global X U.S. Preferred ETF by 72.9% in the 4th quarter. Bank of Montreal Can now owns 1,937 shares of the company’s stock worth $37,000 after buying an additional 817 shares during the period. International Assets Investment Management LLC bought a new position in Global X U.S. Preferred ETF in the 4th quarter worth $50,000. Smartleaf Asset Management LLC bought a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter valued at about $102,000. Geneos Wealth Management Inc. boosted its holdings in shares of Global X U.S. Preferred ETF by 117.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock valued at $104,000 after purchasing an additional 2,974 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of Global X U.S. Preferred ETF by 17.2% during the 4th quarter. Harbour Investments Inc. now owns 6,682 shares of the company’s stock valued at $126,000 after purchasing an additional 981 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

PFFD opened at $18.82 on Friday. The firm has a 50-day simple moving average of $18.87 and a two-hundred day simple moving average of $19.01. Global X U.S. Preferred ETF has a 52 week low of $18.22 and a 52 week high of $19.89.

Global X U.S. Preferred ETF Company Profile

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.