VanEck Preferred Securities ex Financials ETF $PFXF Shares Sold by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC lowered its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 69.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,415 shares of the company’s stock after selling 25,844 shares during the period. Future Financial Wealth Managment LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $195,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PFXF. DHJJ Financial Advisors Ltd. acquired a new position in shares of VanEck Preferred Securities ex Financials ETF during the 2nd quarter worth approximately $48,000. NBC Securities Inc. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 146,650.0% in the first quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock worth $49,000 after acquiring an additional 2,933 shares during the last quarter. Valley National Advisers Inc. acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the first quarter worth $73,000. AlphaCore Capital LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the first quarter worth $91,000. Finally, Montag A & Associates Inc. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 24.8% in the first quarter. Montag A & Associates Inc. now owns 7,279 shares of the company’s stock worth $122,000 after acquiring an additional 1,447 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Up 0.3%

Shares of PFXF stock opened at $17.98 on Friday. The firm has a 50-day moving average price of $17.74 and a 200 day moving average price of $17.13. VanEck Preferred Securities ex Financials ETF has a twelve month low of $15.28 and a twelve month high of $18.43. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62.

VanEck Preferred Securities ex Financials ETF Company 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.