J.W. Cole Advisors Inc. Cuts Stock Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

J.W. Cole Advisors Inc. trimmed its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 10.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,183 shares of the company’s stock after selling 1,188 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Global X U.S. Preferred ETF were worth $198,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sheets Smith Wealth Management purchased a new position in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at approximately $29,000. Financial Gravity Asset Management Inc. increased its holdings in shares of Global X U.S. Preferred ETF by 1,449.5% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after purchasing an additional 1,493 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 4th quarter valued at approximately $33,000. Venturi Wealth Management LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at approximately $54,000. Finally, NBC Securities Inc. purchased a new position in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at approximately $89,000.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $19.42 on Friday. The firm has a fifty day moving average of $19.95 and a 200 day moving average of $19.37. Global X U.S. Preferred ETF has a one year low of $17.37 and a one year high of $20.43.

Global X U.S. Preferred ETF 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.