Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Hits New 1-Year High at $23.09

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) reached a new 52-week high during trading on Friday . The stock traded as high as $23.09 and last traded at $22.92, with a volume of 40571 shares. The stock had previously closed at $22.89.

Virtus InfraCap U.S. Preferred Stock ETF Stock Up 0.2 %

The stock has a fifty day simple moving average of $21.87 and a two-hundred day simple moving average of $21.29.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

A hedge fund recently raised its stake in Virtus InfraCap U.S. Preferred Stock ETF stock. Janney Montgomery Scott LLC increased its position in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 70.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,101 shares of the company’s stock after buying an additional 49,285 shares during the period. Janney Montgomery Scott LLC owned 0.27% of Virtus InfraCap U.S. Preferred Stock ETF worth $2,495,000 at the end of the most recent reporting period.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.