VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Sees Unusually-High Trading Volume

Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXFGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 850,656 shares were traded during mid-day trading, an increase of 63% from the previous session’s volume of 522,880 shares.The stock last traded at $17.25 and had previously closed at $17.35.

VanEck Preferred Securities ex Financials ETF Stock Performance

The company has a 50-day simple moving average of $17.61 and a 200-day simple moving average of $17.07.

Institutional Trading of VanEck Preferred Securities ex Financials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hofer & Associates. Inc boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 7.9% in the fourth quarter. Hofer & Associates. Inc now owns 15,908 shares of the company’s stock valued at $273,000 after purchasing an additional 1,158 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 1.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,207,947 shares of the company’s stock worth $20,753,000 after buying an additional 12,083 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 84.0% in the third quarter. Envestnet Asset Management Inc. now owns 758,522 shares of the company’s stock valued at $12,751,000 after acquiring an additional 346,324 shares in the last quarter. LPL Financial LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 5.9% in the 3rd quarter. LPL Financial LLC now owns 1,351,116 shares of the company’s stock valued at $22,712,000 after purchasing an additional 75,101 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of VanEck Preferred Securities ex Financials ETF by 18.3% during the fourth quarter. Raymond James & Associates now owns 527,817 shares of the company’s stock valued at $9,068,000 after purchasing an additional 81,743 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Company Profile

(Get Free Report)

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.

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