Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by Crew Capital Management Ltd.

Crew Capital Management Ltd. decreased its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,939 shares of the company’s stock after selling 8,050 shares during the quarter. Crew Capital Management Ltd.’s holdings in Global X U.S. Preferred ETF were worth $701,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of PFFD. LPL Financial LLC increased its stake in Global X U.S. Preferred ETF by 15.4% during the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after purchasing an additional 950,535 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $5,688,000. Hennion & Walsh Asset Management Inc. increased its stake in shares of Global X U.S. Preferred ETF by 23.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock worth $28,608,000 after acquiring an additional 274,237 shares during the period. Columbus Macro LLC increased its stake in shares of Global X U.S. Preferred ETF by 219.8% in the fourth quarter. Columbus Macro LLC now owns 357,931 shares of the company’s stock worth $6,983,000 after acquiring an additional 246,020 shares during the period. Finally, Crews Bank & Trust acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $2,381,000.

Global X U.S. Preferred ETF Trading Down 0.7 %

NYSEARCA:PFFD opened at $19.56 on Wednesday. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year high of $21.08. The company’s fifty day moving average price is $19.72 and its 200-day moving average price is $20.20.

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.