Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Stock Price Down 0.7% – What’s Next?

Shares of Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) fell 0.7% during mid-day trading on Thursday . The stock traded as low as $21.57 and last traded at $21.68. 332,047 shares were traded during mid-day trading, a decline of 19% from the average session volume of 410,397 shares. The stock had previously closed at $21.83.

Virtus InfraCap U.S. Preferred Stock ETF Stock Down 0.7 %

The company has a fifty day moving average of $21.99 and a 200-day moving average of $22.35.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

Several large investors have recently bought and sold shares of the company. Anderson Financial Strategies LLC purchased a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the 4th quarter worth approximately $7,202,000. Janney Montgomery Scott LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 10.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 44,819 shares of the company’s stock worth $982,000 after buying an additional 4,193 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the 4th quarter worth approximately $563,000. Finally, AlphaMark Advisors LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 18.7% during the 4th quarter. AlphaMark Advisors LLC now owns 6,423 shares of the company’s stock worth $141,000 after buying an additional 1,013 shares in the last quarter.

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.