Farther Finance Advisors LLC Raises Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Farther Finance Advisors LLC boosted its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2,891.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,430 shares of the company’s stock after acquiring an additional 24,580 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $439,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $42,000. Private Trust Co. NA grew its stake in VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after buying an additional 1,112 shares during the period. IFP Advisors Inc increased its position in shares of VanEck Preferred Securities ex Financials ETF by 29.1% in the fourth quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock worth $169,000 after acquiring an additional 2,210 shares in the last quarter. Finally, Meridian Financial Partners LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at $196,000.

VanEck Preferred Securities ex Financials ETF Trading Up 1.1 %

Shares of NYSEARCA PFXF opened at $16.99 on Monday. The stock has a fifty day moving average price of $17.30 and a 200 day moving average price of $17.74. VanEck Preferred Securities ex Financials ETF has a 12-month low of $16.72 and a 12-month high of $18.45. The company has a market cap of $1.88 billion, a P/E ratio of 0.59 and a beta of 0.70.

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.