Envestnet Asset Management Inc. Purchases 87,661 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Envestnet Asset Management Inc. raised its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 7.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,289,959 shares of the company’s stock after purchasing an additional 87,661 shares during the quarter. Envestnet Asset Management Inc. owned 1.07% of Global X U.S. Preferred ETF worth $25,167,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Stifel Financial Corp increased its position in shares of Global X U.S. Preferred ETF by 19.3% during the third quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock valued at $442,000 after acquiring an additional 3,437 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Global X U.S. Preferred ETF by 107.7% in the 3rd quarter. Jane Street Group LLC now owns 35,936 shares of the company’s stock worth $747,000 after purchasing an additional 18,637 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of Global X U.S. Preferred ETF in the third quarter worth $260,000. Collective Family Office LLC raised its stake in shares of Global X U.S. Preferred ETF by 3.6% in the fourth quarter. Collective Family Office LLC now owns 401,375 shares of the company’s stock worth $7,831,000 after purchasing an additional 13,886 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 55.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 42,067 shares of the company’s stock valued at $874,000 after purchasing an additional 15,004 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.2 %

NYSEARCA PFFD opened at $18.14 on Monday. Global X U.S. Preferred ETF has a one year low of $17.81 and a one year high of $21.08. The stock has a 50-day moving average of $19.32 and a 200 day moving average of $19.90.

Global X U.S. Preferred ETF Company Profile

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.