Ironsides Asset Advisors LLC Grows Stock Position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Ironsides Asset Advisors LLC increased its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 231.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 140,837 shares of the company’s stock after acquiring an additional 98,341 shares during the period. Global X Variable Rate Preferred ETF makes up about 1.0% of Ironsides Asset Advisors LLC’s holdings, making the stock its 15th largest holding. Ironsides Asset Advisors LLC owned approximately 1.35% of Global X Variable Rate Preferred ETF worth $3,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Napa Wealth Management increased its position in shares of Global X Variable Rate Preferred ETF by 35.3% during the third quarter. Napa Wealth Management now owns 38,758 shares of the company’s stock valued at $932,000 after acquiring an additional 10,118 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Global X Variable Rate Preferred ETF in the 3rd quarter valued at approximately $303,000. Private Trust Co. NA raised its position in Global X Variable Rate Preferred ETF by 95.3% in the third quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock valued at $162,000 after purchasing an additional 3,280 shares during the period. Acorn Wealth Advisors LLC lifted its stake in Global X Variable Rate Preferred ETF by 16.5% during the third quarter. Acorn Wealth Advisors LLC now owns 12,350 shares of the company’s stock worth $297,000 after purchasing an additional 1,752 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its stake in Global X Variable Rate Preferred ETF by 17.2% during the third quarter. CreativeOne Wealth LLC now owns 17,229 shares of the company’s stock worth $414,000 after purchasing an additional 2,523 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Up 0.2 %

Shares of NYSEARCA PFFV opened at $23.75 on Friday. The stock has a fifty day simple moving average of $23.88 and a 200-day simple moving average of $23.97. Global X Variable Rate Preferred ETF has a twelve month low of $22.92 and a twelve month high of $24.48.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.