Susquehanna International Group LLP Buys New Shares in VanEck Preferred Securities ex Financials ETF $PFXF

Susquehanna International Group LLP purchased a new position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 206,717 shares of the company’s stock, valued at approximately $3,688,000.

Several other large investors have also added to or reduced their stakes in PFXF. Qube Research & Technologies Ltd raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 56.9% in the second quarter. Qube Research & Technologies Ltd now owns 4,111 shares of the company’s stock worth $70,000 after purchasing an additional 1,491 shares during the last quarter. NewEdge Advisors LLC boosted its position in VanEck Preferred Securities ex Financials ETF by 5.0% in the second quarter. NewEdge Advisors LLC now owns 48,239 shares of the company’s stock valued at $826,000 after buying an additional 2,315 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF in the second quarter valued at approximately $61,000. MML Investors Services LLC boosted its position in VanEck Preferred Securities ex Financials ETF by 4.9% in the second quarter. MML Investors Services LLC now owns 1,187,758 shares of the company’s stock valued at $20,334,000 after buying an additional 55,727 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in VanEck Preferred Securities ex Financials ETF in the 2nd quarter worth approximately $688,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

PFXF opened at $17.96 on Monday. VanEck Preferred Securities ex Financials ETF has a 12-month low of $17.03 and a 12-month high of $19.07. The firm has a market capitalization of $2.46 billion, a PE ratio of 0.59 and a beta of 0.62. The firm has a 50 day moving average of $17.83 and a two-hundred day moving average of $18.11.

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.