Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Shares Down 0.5% – Here’s What Happened

Global X SuperIncome Preferred ETF (NYSEARCA:SPFFGet Free Report) traded down 0.5% during mid-day trading on Thursday . The stock traded as low as $9.35 and last traded at $9.37. 45,106 shares changed hands during trading, a decline of 11% from the average session volume of 50,643 shares. The stock had previously closed at $9.42.

Global X SuperIncome Preferred ETF Stock Down 0.3%

The business’s 50 day moving average is $9.47 and its 200-day moving average is $9.34.

Hedge Funds Weigh In On Global X SuperIncome Preferred ETF

A number of institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp bought a new stake in Global X SuperIncome Preferred ETF during the 1st quarter valued at approximately $44,000. Harbour Investments Inc. lifted its holdings in shares of Global X SuperIncome Preferred ETF by 67.8% during the fourth quarter. Harbour Investments Inc. now owns 6,461 shares of the company’s stock worth $60,000 after buying an additional 2,611 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in shares of Global X SuperIncome Preferred ETF during the third quarter worth approximately $136,000. Jane Street Group LLC bought a new stake in shares of Global X SuperIncome Preferred ETF in the fourth quarter valued at approximately $161,000. Finally, Cornerstone Wealth Management LLC boosted its position in shares of Global X SuperIncome Preferred ETF by 9.7% in the fourth quarter. Cornerstone Wealth Management LLC now owns 18,089 shares of the company’s stock valued at $169,000 after acquiring an additional 1,592 shares during the period.

About Global X SuperIncome Preferred ETF

(Get Free Report)

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.

Further Reading

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