Quadrature Capital Ltd Takes Position in Global X U.S. Preferred ETF $PFFD

Quadrature Capital Ltd purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 103,685 shares of the company’s stock, valued at approximately $1,952,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Orgel Wealth Management LLC acquired a new stake in Global X U.S. Preferred ETF during the 2nd quarter valued at approximately $131,115,000. New York Life Investment Management LLC boosted its stake in shares of Global X U.S. Preferred ETF by 562.4% during the 2nd quarter. New York Life Investment Management LLC now owns 1,848,925 shares of the company’s stock valued at $34,815,000 after buying an additional 1,569,805 shares during the last quarter. Global X Japan Co. Ltd. boosted its stake in shares of Global X U.S. Preferred ETF by 11.6% during the 2nd quarter. Global X Japan Co. Ltd. now owns 3,540,531 shares of the company’s stock valued at $66,668,000 after buying an additional 367,420 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Global X U.S. Preferred ETF by 14.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,642,627 shares of the company’s stock worth $30,927,000 after buying an additional 209,405 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new stake in shares of Global X U.S. Preferred ETF in the first quarter worth $2,960,000.

Global X U.S. Preferred ETF Stock Up 0.2%

PFFD opened at $18.96 on Friday. The firm’s fifty day moving average price is $19.24 and its 200 day moving average price is $19.13. Global X U.S. Preferred ETF has a 12-month low of $17.81 and a 12-month high of $20.53.

Global X U.S. Preferred ETF Company Profile

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.