Hudson Valley Investment Advisors Inc. ADV Makes New Investment in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA)

Hudson Valley Investment Advisors Inc. ADV acquired a new stake in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,000 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds also recently made changes to their positions in the company. AlphaMark Advisors LLC lifted its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 8.9% in the third quarter. AlphaMark Advisors LLC now owns 5,410 shares of the company’s stock worth $124,000 after acquiring an additional 441 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the 3rd quarter worth approximately $25,000. Finally, Janney Montgomery Scott LLC increased its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 70.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 119,101 shares of the company’s stock worth $2,495,000 after purchasing an additional 49,285 shares during the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Trading Down 0.4 %

Virtus InfraCap U.S. Preferred Stock ETF stock opened at $22.49 on Friday. Virtus InfraCap U.S. Preferred Stock ETF has a 52 week low of $18.02 and a 52 week high of $23.24. The stock has a 50 day moving average of $22.56 and a 200-day moving average of $21.61.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

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.