Signature Wealth Management Group Increases Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Signature Wealth Management Group increased its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 77,678 shares of the company’s stock after acquiring an additional 1,802 shares during the period. Signature Wealth Management Group’s holdings in VanEck Preferred Securities ex Financials ETF were worth $1,340,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter valued at $42,000. Private Trust Co. NA boosted its stake in shares of VanEck Preferred Securities ex Financials ETF by 15.0% in the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after purchasing an additional 1,112 shares in the last quarter. IFP Advisors Inc boosted its position in VanEck Preferred Securities ex Financials ETF by 29.1% during the 4th quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after buying an additional 2,210 shares during the period. Finally, Avantax Advisory Services Inc. purchased a new stake in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at $175,000.

VanEck Preferred Securities ex Financials ETF Stock Up 1.1 %

Shares of PFXF opened at $16.99 on Friday. The stock has a market capitalization of $1.88 billion, a P/E ratio of 0.59 and a beta of 0.70. The firm has a fifty day simple moving average of $17.30 and a two-hundred day simple moving average of $17.74. VanEck Preferred Securities ex Financials ETF has a twelve month low of $16.72 and a twelve month high of $18.45.

VanEck Preferred Securities ex Financials ETF Company 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.