AssuredPartners Investment Advisors LLC Raises Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

AssuredPartners Investment Advisors LLC increased its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 8.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 113,004 shares of the company’s stock after purchasing an additional 8,559 shares during the period. AssuredPartners Investment Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $1,894,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PFXF. Ameriflex Group Inc. purchased a new position in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $39,000. NBC Securities Inc. increased its position in VanEck Preferred Securities ex Financials ETF by 146,650.0% during the 1st quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock valued at $49,000 after purchasing an additional 2,933 shares during the period. Blair William & Co. IL increased its position in VanEck Preferred Securities ex Financials ETF by 31.8% during the 4th quarter. Blair William & Co. IL now owns 3,077 shares of the company’s stock valued at $53,000 after purchasing an additional 743 shares during the period. IFP Advisors Inc increased its position in VanEck Preferred Securities ex Financials ETF by 29.1% during the 4th quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after purchasing an additional 2,210 shares during the period. Finally, Avantax Advisory Services Inc. purchased a new position in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at $175,000.

VanEck Preferred Securities ex Financials ETF Trading Up 0.2%

Shares of VanEck Preferred Securities ex Financials ETF stock opened at $16.86 on Tuesday. The company’s fifty day simple moving average is $16.67 and its two-hundred day simple moving average is $16.99. The company has a market cap of $1.77 billion, a P/E ratio of 0.59 and a beta of 0.61. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.28 and a 12-month 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.