Thrivent Financial for Lutherans Has $287,000 Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Thrivent Financial for Lutherans cut its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 35.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 15,726 shares of the company’s stock after selling 8,563 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Preferred Securities ex Financials ETF were worth $287,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PFXF. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of 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 valued at $415,000 after purchasing an additional 1,641 shares in the last quarter. D.A. Davidson & CO. raised its holdings 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 buying an additional 1,668 shares during the period. Signature Wealth Management Group lifted its stake in VanEck Preferred Securities ex Financials ETF by 2.4% in the fourth quarter. Signature Wealth Management Group now owns 77,678 shares of the company’s stock valued at $1,340,000 after buying an additional 1,802 shares in the last quarter. Sax Wealth Advisors LLC boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 1.0% in the fourth quarter. Sax Wealth Advisors LLC now owns 191,396 shares of the company’s stock valued at $3,302,000 after buying an additional 1,837 shares during the period. Finally, Chicago Partners Investment Group LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 2.0% during the fourth quarter. Chicago Partners Investment Group LLC now owns 100,793 shares of the company’s stock worth $1,741,000 after acquiring an additional 1,948 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Down 2.8 %

Shares of NYSEARCA:PFXF opened at $15.81 on Friday. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 0.59 and a beta of 0.64. VanEck Preferred Securities ex Financials ETF has a 12 month low of $15.69 and a 12 month high of $18.45. The company’s fifty day simple moving average is $17.15 and its 200 day simple moving average is $17.64.

About VanEck Preferred Securities ex Financials ETF

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.