Hyposwiss Advisors SA bought a new stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 52,710 shares of the company’s stock, valued at approximately $931,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Guggenheim Capital LLC increased its position in VanEck Preferred Securities ex Financials ETF by 7.0% in the 4th quarter. Guggenheim Capital LLC now owns 98,496 shares of the company’s stock valued at $1,739,000 after buying an additional 6,457 shares in the last quarter. Equitable Holdings Inc. increased its holdings in VanEck Preferred Securities ex Financials ETF by 9.4% during the 4th quarter. Equitable Holdings Inc. now owns 140,608 shares of the company’s stock worth $2,483,000 after purchasing an additional 12,102 shares in the last quarter. Osaic Holdings Inc. increased its holdings in VanEck Preferred Securities ex Financials ETF by 8.0% during the 4th quarter. Osaic Holdings Inc. now owns 327,101 shares of the company’s stock worth $5,777,000 after purchasing an additional 24,205 shares in the last quarter. Advisory Services Network LLC increased its holdings in VanEck Preferred Securities ex Financials ETF by 71.5% during the 4th quarter. Advisory Services Network LLC now owns 10,527 shares of the company’s stock worth $186,000 after purchasing an additional 4,389 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in VanEck Preferred Securities ex Financials ETF by 7.3% during the 4th quarter. Private Advisor Group LLC now owns 214,001 shares of the company’s stock worth $3,779,000 after purchasing an additional 14,544 shares in the last quarter.
VanEck Preferred Securities ex Financials ETF Stock Performance
Shares of PFXF opened at $18.41 on Thursday. The stock has a 50 day moving average price of $18.47 and a two-hundred day moving average price of $18.17. The firm has a market capitalization of $2.31 billion, a P/E ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.76 and a 52 week high of $19.07.
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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.
Further Reading
- Five stocks we like better than VanEck Preferred Securities ex Financials ETF
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding PFXF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report).
Receive News & Ratings for VanEck Preferred Securities ex Financials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Preferred Securities ex Financials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
