Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lessened its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 75.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,933 shares of the company’s stock after selling 48,302 shares during the quarter. Focus Financial Network Inc.’s holdings in Global X U.S. Preferred ETF were worth $312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. increased its holdings in Global X U.S. Preferred ETF by 2.8% in the 4th quarter. Trilogy Capital Inc. now owns 18,109 shares of the company’s stock worth $353,000 after acquiring an additional 501 shares in the last quarter. Intrepid Financial Planning Group LLC increased its holdings in Global X U.S. Preferred ETF by 2.0% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock worth $628,000 after acquiring an additional 590 shares in the last quarter. Financial Advocates Investment Management increased its holdings in Global X U.S. Preferred ETF by 4.3% in the 4th quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock worth $445,000 after acquiring an additional 938 shares in the last quarter. Centaurus Financial Inc. increased its holdings in Global X U.S. Preferred ETF by 4.1% in the 3rd quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock worth $496,000 after acquiring an additional 947 shares in the last quarter. Finally, Lewis Asset Management LLC increased its holdings in Global X U.S. Preferred ETF by 8.1% in the 3rd quarter. Lewis Asset Management LLC now owns 15,678 shares of the company’s stock worth $326,000 after acquiring an additional 1,177 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $19.74 on Friday. The firm has a fifty day moving average of $19.77 and a 200 day moving average of $20.19. Global X U.S. Preferred ETF has a one year low of $19.06 and a one year high of $21.08.

Global X U.S. Preferred ETF Company Profile

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.