Private Trust Co. NA Has $240,000 Stock Holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Private Trust Co. NA increased its holdings in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 51.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,195 shares of the company’s stock after purchasing an additional 3,472 shares during the period. Private Trust Co. NA’s holdings in Global X Variable Rate Preferred ETF were worth $240,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Global X Variable Rate Preferred ETF by 298.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 83,317 shares of the company’s stock worth $1,964,000 after buying an additional 62,411 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Global X Variable Rate Preferred ETF during the 3rd quarter valued at $1,042,000. Segall Bryant & Hamill LLC bought a new position in Global X Variable Rate Preferred ETF during the third quarter worth $303,000. Leslie Global Wealth LLC grew its holdings in Global X Variable Rate Preferred ETF by 6.6% in the third quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock worth $4,858,000 after purchasing an additional 12,559 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in Global X Variable Rate Preferred ETF in the fourth quarter valued at $284,000.

Global X Variable Rate Preferred ETF Trading Down 0.4 %

Shares of NYSEARCA PFFV opened at $23.98 on Tuesday. The firm’s 50-day moving average price is $23.88 and its 200-day moving average price is $23.98. Global X Variable Rate Preferred ETF has a 1-year low of $22.92 and a 1-year high of $24.48.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.