VanEck Preferred Securities ex Financials ETF $PFXF Shares Bought by UBS Group AG

UBS Group AG lifted its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 193.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 615,097 shares of the company’s stock after acquiring an additional 405,277 shares during the period. UBS Group AG’s holdings in VanEck Preferred Securities ex Financials ETF were worth $10,863,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in PFXF. Root Financial Partners LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the third quarter worth $33,000. High Point Wealth Management LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $50,000. Allworth Financial LP increased its position in shares of VanEck Preferred Securities ex Financials ETF by 72.0% in the third quarter. Allworth Financial LP now owns 2,913 shares of the company’s stock worth $52,000 after acquiring an additional 1,219 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of VanEck Preferred Securities ex Financials ETF by 1,338.7% in the third quarter. JPMorgan Chase & Co. now owns 2,935 shares of the company’s stock worth $52,000 after acquiring an additional 2,731 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the second quarter worth $61,000.

VanEck Preferred Securities ex Financials ETF Stock Down 1.4%

VanEck Preferred Securities ex Financials ETF stock opened at $18.49 on Friday. VanEck Preferred Securities ex Financials ETF has a 52-week low of $16.61 and a 52-week high of $18.95. The firm has a fifty day moving average of $18.10 and a 200-day moving average of $18.00. The firm has a market capitalization of $2.32 billion, a P/E ratio of 0.59 and a beta of 0.62.

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.