VanEck Preferred Securities ex Financials ETF $PFXF Shares Acquired by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC increased its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 46,410 shares of the company’s stock after acquiring an additional 3,363 shares during the quarter. Insigneo Advisory Services LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Capital Advisors Ltd. LLC purchased a new position in shares of VanEck Preferred Securities ex Financials ETF during the 2nd quarter valued at about $26,000. Simplex Trading LLC boosted its stake in shares of VanEck Preferred Securities ex Financials ETF by 97.2% in the second quarter. Simplex Trading LLC now owns 1,597 shares of the company’s stock worth $27,000 after buying an additional 787 shares during the last quarter. Allworth Financial LP acquired a new stake in VanEck Preferred Securities ex Financials ETF during the second quarter worth about $29,000. DHJJ Financial Advisors Ltd. purchased a new position in VanEck Preferred Securities ex Financials ETF during the second quarter valued at approximately $48,000. Finally, AlphaCore Capital LLC acquired a new position in VanEck Preferred Securities ex Financials ETF in the first quarter valued at approximately $91,000.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA PFXF opened at $17.29 on Tuesday. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 0.59 and a beta of 0.60. VanEck Preferred Securities ex Financials ETF has a 12 month low of $15.28 and a 12 month high of $18.18. The firm’s 50 day simple moving average is $17.75 and its 200-day simple moving average is $17.48.

VanEck Preferred Securities ex Financials ETF Profile

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.