Investors Research Corp Has $1.47 Million Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Investors Research Corp reduced its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,406 shares of the company’s stock after selling 1,651 shares during the quarter. Investors Research Corp’s holdings in Global X U.S. Preferred ETF were worth $1,471,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PFFD. Farther Finance Advisors LLC boosted its holdings in shares of Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after acquiring an additional 2,029 shares in the last quarter. Intrepid Financial Planning Group LLC lifted its holdings in Global X U.S. Preferred ETF by 2.0% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock worth $628,000 after buying an additional 590 shares in the last quarter. Avior Wealth Management LLC boosted its position in Global X U.S. Preferred ETF by 13.6% in the 3rd quarter. Avior Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $290,000 after buying an additional 1,666 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in Global X U.S. Preferred ETF in the 3rd quarter valued at $534,000. Finally, LPL Financial LLC boosted its position in Global X U.S. Preferred ETF by 15.4% in the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after buying an additional 950,535 shares during the last quarter.

Global X U.S. Preferred ETF Trading Down 0.4 %

Shares of PFFD opened at $19.42 on Monday. The business’s fifty day moving average price is $19.72 and its two-hundred day moving average price is $20.19. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week high of $21.08.

About Global X U.S. Preferred ETF

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.