Park Avenue Securities LLC Buys 31,165 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Park Avenue Securities LLC grew its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 8.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 417,114 shares of the company’s stock after acquiring an additional 31,165 shares during the period. Park Avenue Securities LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $7,616,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the 4th quarter worth approximately $226,000. B. Riley Wealth Advisors Inc. bought a new stake in VanEck Preferred Securities ex Financials ETF during the 4th quarter worth about $694,000. Massmutual Trust Co. FSB ADV lifted its position in VanEck Preferred Securities ex Financials ETF by 3.4% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 23,240 shares of the company’s stock valued at $411,000 after purchasing an additional 761 shares during the period. Worth Asset Management LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF in the 1st quarter valued at about $321,000. Finally, Etesian Wealth Advisors Inc. raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 18.7% during the first quarter. Etesian Wealth Advisors Inc. now owns 40,018 shares of the company’s stock worth $708,000 after buying an additional 6,298 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Down 0.1 %

NYSEARCA PFXF traded down $0.02 during trading hours on Friday, hitting $18.20. The company’s stock had a trading volume of 706,769 shares, compared to its average volume of 525,650. The stock has a fifty day moving average of $17.76 and a 200 day moving average of $17.52. VanEck Preferred Securities ex Financials ETF has a twelve month low of $15.58 and a twelve month high of $18.45. The firm has a market capitalization of $1.69 billion, a P/E ratio of 0.59 and a beta of 0.51.

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.