IFP Advisors Inc Has $169,000 Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

IFP Advisors Inc lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 29.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,802 shares of the company’s stock after buying an additional 2,210 shares during the quarter. IFP Advisors Inc’s holdings in VanEck Preferred Securities ex Financials ETF were worth $169,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Atria Investments Inc grew its position in shares of VanEck Preferred Securities ex Financials ETF by 1.8% during the 3rd quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock worth $1,026,000 after buying an additional 971 shares during the period. Private Trust Co. NA boosted its stake in VanEck Preferred Securities ex Financials ETF by 15.0% during the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after acquiring an additional 1,112 shares during the last quarter. Darwin Wealth Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF during the 3rd quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB boosted its stake in VanEck Preferred Securities ex Financials ETF by 7.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 24,065 shares of the company’s stock worth $415,000 after acquiring an additional 1,641 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in VanEck Preferred Securities ex Financials ETF by 2.4% during the 4th quarter. D.A. Davidson & CO. now owns 70,770 shares of the company’s stock worth $1,221,000 after acquiring an additional 1,668 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

VanEck Preferred Securities ex Financials ETF stock opened at $17.19 on Tuesday. The company’s 50 day simple moving average is $17.39 and its 200 day simple moving average is $17.79. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.45. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51.

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.