VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Stake Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2,891.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 25,430 shares of the company’s stock after buying an additional 24,580 shares during the period. Farther Finance Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $439,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atria Investments Inc raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 1.8% during the third quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock valued at $1,026,000 after acquiring an additional 971 shares during the period. Private Trust Co. NA raised its stake in VanEck Preferred Securities ex Financials ETF by 15.0% during the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after purchasing an additional 1,112 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the third quarter valued at $29,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 7.3% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 24,065 shares of the company’s stock worth $415,000 after buying an additional 1,641 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.4% during the fourth quarter. D.A. Davidson & CO. now owns 70,770 shares of the company’s stock valued at $1,221,000 after buying an additional 1,668 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Up 1.1 %

NYSEARCA:PFXF opened at $16.99 on Monday. VanEck Preferred Securities ex Financials ETF has a 1-year low of $16.72 and a 1-year high of $18.45. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 0.59 and a beta of 0.70. The business’s fifty day moving average price is $17.30 and its 200 day moving average price is $17.74.

VanEck Preferred Securities ex Financials ETF 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.