VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Holdings Raised by Sowell Financial Services LLC

Sowell Financial Services LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 97.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,460 shares of the company’s stock after purchasing an additional 21,415 shares during the quarter. Sowell Financial Services LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the third quarter valued at about $29,000. Decker Retirement Planning Inc. bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at about $42,000. MeadowBrook Investment Advisors LLC raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 11,741.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock valued at $136,000 after purchasing an additional 7,397 shares in the last quarter. Private Trust Co. NA raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 15.0% during the third 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 in the last quarter. Finally, IFP Advisors Inc grew its holdings in VanEck Preferred Securities ex Financials ETF by 29.1% during the fourth quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock worth $169,000 after acquiring an additional 2,210 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Up 0.1 %

NYSEARCA:PFXF opened at $16.81 on Wednesday. The business’s 50-day moving average price is $17.33 and its 200 day moving average price is $17.76. The firm has a market cap of $1.56 billion, a P/E ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 52-week low of $16.72 and a 52-week high of $18.45.

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.