Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its position in Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 732,821 shares of the company’s stock after selling 27,726 shares during the quarter. LPL Financial LLC’s holdings in Global X SuperIncome Preferred ETF were worth $6,786,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SPFF. Sound Income Strategies LLC raised its stake in Global X SuperIncome Preferred ETF by 3.5% in the 4th quarter. Sound Income Strategies LLC now owns 555,319 shares of the company’s stock valued at $5,142,000 after purchasing an additional 18,799 shares during the last quarter. Perigon Wealth Management LLC raised its position in shares of Global X SuperIncome Preferred ETF by 1.7% in the fourth quarter. Perigon Wealth Management LLC now owns 113,503 shares of the company’s stock valued at $1,066,000 after buying an additional 1,883 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Global X SuperIncome Preferred ETF in the fourth quarter worth about $687,000. Jane Street Group LLC boosted its position in Global X SuperIncome Preferred ETF by 7.1% during the third quarter. Jane Street Group LLC now owns 60,199 shares of the company’s stock worth $587,000 after acquiring an additional 4,011 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in Global X SuperIncome Preferred ETF during the 4th quarter valued at about $334,000.

Global X SuperIncome Preferred ETF Price Performance

SPFF opened at $8.46 on Monday. The company’s 50 day simple moving average is $9.18 and its two-hundred day simple moving average is $9.46. Global X SuperIncome Preferred ETF has a 1-year low of $8.41 and a 1-year high of $9.88.

Global X SuperIncome Preferred ETF Company Profile

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.