Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) Shares Bought by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. lifted its position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 159,030 shares of the company’s stock after acquiring an additional 6,737 shares during the period. Global X Variable Rate Preferred ETF accounts for 2.9% of Investment Partners Asset Management Inc.’s portfolio, making the stock its 4th biggest holding. Investment Partners Asset Management Inc.’s holdings in Global X Variable Rate Preferred ETF were worth $3,749,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PFFV. Private Trust Co. NA boosted its stake in Global X Variable Rate Preferred ETF by 95.3% during the 3rd quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock valued at $162,000 after purchasing an additional 3,280 shares during the period. West Michigan Advisors LLC bought a new stake in shares of Global X Variable Rate Preferred ETF during the third quarter valued at approximately $243,000. International Assets Investment Management LLC acquired a new position in shares of Global X Variable Rate Preferred ETF during the fourth quarter worth approximately $284,000. Acorn Wealth Advisors LLC grew its holdings in Global X Variable Rate Preferred ETF by 16.5% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 12,350 shares of the company’s stock worth $297,000 after buying an additional 1,752 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in Global X Variable Rate Preferred ETF in the 3rd quarter valued at approximately $303,000.

Global X Variable Rate Preferred ETF Stock Down 0.0 %

Shares of Global X Variable Rate Preferred ETF stock opened at $23.87 on Thursday. Global X Variable Rate Preferred ETF has a 1-year low of $22.92 and a 1-year high of $24.48. The business’s fifty day moving average price is $23.87 and its two-hundred day moving average price is $23.93.

About Global X Variable Rate Preferred ETF

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.