Level Four Advisory Services LLC Decreases Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Level Four Advisory Services LLC lowered its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 376,368 shares of the company’s stock after selling 2,775 shares during the period. Level Four Advisory Services LLC owned approximately 0.40% of VanEck Preferred Securities ex Financials ETF worth $6,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in PFXF. Decker Retirement Planning Inc. acquired a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $42,000. Blair William & Co. IL lifted its position in VanEck Preferred Securities ex Financials ETF by 31.8% in the 4th quarter. Blair William & Co. IL now owns 3,077 shares of the company’s stock worth $53,000 after buying an additional 743 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after buying an additional 1,112 shares during the last quarter. IFP Advisors Inc boosted its position in VanEck Preferred Securities ex Financials ETF by 29.1% in the fourth quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after buying an additional 2,210 shares in the last quarter. Finally, Avantax Advisory Services Inc. bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at $175,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

VanEck Preferred Securities ex Financials ETF stock opened at $17.00 on Friday. The stock has a market capitalization of $1.88 billion, a P/E ratio of 0.59 and a beta of 0.70. The stock has a 50-day simple moving average of $17.28 and a 200 day simple moving average of $17.70. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.72 and a 52 week high of $18.45.

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.