Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $19.04 and last traded at $19.07, with a volume of 853829 shares. The stock had previously closed at $19.13.
Global X U.S. Preferred ETF Stock Down 0.5 %
The stock’s 50 day moving average is $19.62 and its 200 day moving average is $20.07.
Hedge Funds Weigh In On Global X U.S. Preferred ETF
A number of large investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its position in shares of Global X U.S. Preferred ETF by 3.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 359,174 shares of the company’s stock worth $7,463,000 after purchasing an additional 12,032 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Global X U.S. Preferred ETF during the third quarter worth approximately $247,000. HighTower Advisors LLC increased its stake in Global X U.S. Preferred ETF by 8.6% during the 3rd quarter. HighTower Advisors LLC now owns 357,275 shares of the company’s stock worth $7,421,000 after acquiring an additional 28,265 shares during the period. IHT Wealth Management LLC raised its holdings in Global X U.S. Preferred ETF by 137.7% in the 3rd quarter. IHT Wealth Management LLC now owns 46,221 shares of the company’s stock valued at $962,000 after acquiring an additional 26,772 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in Global X U.S. Preferred ETF by 19.3% in the 3rd quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock valued at $442,000 after acquiring an additional 3,437 shares in the last quarter.
About Global X U.S. Preferred ETF
The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.
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