Avantax Advisory Services Inc. Takes $175,000 Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Avantax Advisory Services Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 10,138 shares of the company’s stock, valued at approximately $175,000.

Several other hedge funds also recently added to or reduced their stakes in PFXF. Decker Retirement Planning Inc. purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $42,000. Private Trust Co. NA boosted its stake in VanEck Preferred Securities ex Financials ETF by 15.0% in the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after purchasing an additional 1,112 shares in the last quarter. IFP Advisors Inc grew its position in VanEck Preferred Securities ex Financials ETF by 29.1% during the 4th quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock worth $169,000 after purchasing an additional 2,210 shares during the last quarter. Meridian Financial Partners LLC acquired a new position in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at approximately $196,000. Finally, Sovran Advisors LLC purchased a new position in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $246,000.

VanEck Preferred Securities ex Financials ETF Trading Down 0.1 %

NYSEARCA:PFXF opened at $17.00 on Friday. The firm has a fifty day simple moving average of $17.28 and a 200-day simple moving average of $17.70. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.72 and a 12 month high of $18.45. The company has a market capitalization of $1.88 billion, a P/E ratio of 0.59 and a beta of 0.70.

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.