International Assets Investment Management LLC raised its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Free Report) by 1,701.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 230,000 shares of the company’s stock after acquiring an additional 217,235 shares during the quarter. International Assets Investment Management LLC’s holdings in Global X Variable Rate Preferred ETF were worth $5,012,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Essential Investment Partners LLC bought a new stake in Global X Variable Rate Preferred ETF during the 3rd quarter worth about $49,000. Leslie Global Wealth LLC increased its position in shares of Global X Variable Rate Preferred ETF by 7.6% in the third quarter. Leslie Global Wealth LLC now owns 175,599 shares of the company’s stock valued at $3,826,000 after acquiring an additional 12,338 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of Global X Variable Rate Preferred ETF by 4.8% in the third quarter. SBI Securities Co. Ltd. now owns 51,293 shares of the company’s stock valued at $1,118,000 after acquiring an additional 2,329 shares during the last quarter. Foguth Wealth Management LLC. increased its position in shares of Global X Variable Rate Preferred ETF by 220.6% in the third quarter. Foguth Wealth Management LLC. now owns 670,995 shares of the company’s stock valued at $14,400,000 after acquiring an additional 461,722 shares during the last quarter. Finally, Mather Group LLC. bought a new stake in Global X Variable Rate Preferred ETF during the third quarter worth about $371,000.
Global X Variable Rate Preferred ETF Stock Performance
PFFV opened at $21.20 on Monday. The business’s 50-day simple moving average is $21.70 and its 200 day simple moving average is $22.10. Global X Variable Rate Preferred ETF has a 52-week low of $21.17 and a 52-week high of $23.11.
Global X Variable Rate Preferred ETF 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.
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Want to see what other hedge funds are holding PFFV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Free Report).
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