Resurgent Financial Advisors LLC Reduces Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Resurgent Financial Advisors LLC reduced its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 18.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,662 shares of the company’s stock after selling 3,117 shares during the quarter. Resurgent Financial Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in PFXF. Decker Retirement Planning Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 4th quarter worth $42,000. Blair William & Co. IL lifted its holdings in VanEck Preferred Securities ex Financials ETF by 31.8% during the fourth 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 last quarter. IFP Advisors Inc boosted its position in VanEck Preferred Securities ex Financials ETF by 29.1% during the fourth quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock worth $169,000 after purchasing an additional 2,210 shares during the period. Avantax Advisory Services Inc. bought a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $175,000. Finally, Cerity Partners LLC purchased a new position in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter worth about $181,000.

VanEck Preferred Securities ex Financials ETF Trading Down 0.4 %

Shares of PFXF stock opened at $15.75 on Thursday. The firm’s 50 day moving average is $16.82 and its 200 day moving average is $17.47. The stock has a market capitalization of $1.74 billion, a P/E ratio of 0.59 and a beta of 0.64. VanEck Preferred Securities ex Financials ETF has a 12 month low of $15.28 and a 12 month high of $18.45.

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.