VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. trimmed its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 0.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 243,783 shares of the company’s stock after selling 986 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.34% of VanEck Preferred Securities ex Financials ETF worth $4,188,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Geneos Wealth Management Inc. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 3.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 18,424 shares of the company’s stock valued at $317,000 after buying an additional 700 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 8.0% during the third quarter. Sunbelt Securities Inc. now owns 9,654 shares of the company’s stock valued at $162,000 after buying an additional 712 shares in the last quarter. Hofer & Associates. Inc grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 7.9% during the fourth quarter. Hofer & Associates. Inc now owns 15,908 shares of the company’s stock valued at $273,000 after buying an additional 1,158 shares in the last quarter. Wealth Alliance grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 3.3% during the third quarter. Wealth Alliance now owns 37,559 shares of the company’s stock valued at $631,000 after buying an additional 1,215 shares in the last quarter. Finally, Howard Wealth Management LLC grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 7.5% during the third quarter. Howard Wealth Management LLC now owns 17,645 shares of the company’s stock valued at $297,000 after buying an additional 1,225 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Up 1.1 %

PFXF opened at $17.18 on Wednesday. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 1 year low of $15.58 and a 1 year high of $18.07. The stock has a fifty day moving average price of $17.55 and a 200 day moving average price of $17.11.

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.