Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sets New 1-Year High at $22.06

Shares of Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $22.06 and last traded at $22.05, with a volume of 634 shares trading hands. The stock had previously closed at $22.01.

Virtus InfraCap U.S. Preferred Stock ETF Trading Up 0.3 %

The business has a fifty day simple moving average of $21.48 and a 200 day simple moving average of $21.11.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Virtus InfraCap U.S. Preferred Stock ETF stock. Janney Montgomery Scott LLC increased its position in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 70.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,101 shares of the company’s stock after buying an additional 49,285 shares during the period. Janney Montgomery Scott LLC owned about 0.27% of Virtus InfraCap U.S. Preferred Stock ETF worth $2,495,000 as of its most recent SEC filing.

About Virtus InfraCap U.S. Preferred Stock ETF

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.