L & S Advisors Inc Lowers Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

L & S Advisors Inc reduced its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,539 shares of the company’s stock after selling 1,585 shares during the quarter. L & S Advisors Inc’s holdings in Global X U.S. Preferred ETF were worth $771,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of Global X U.S. Preferred ETF by 14.9% during the 4th quarter. LPL Financial LLC now owns 8,201,933 shares of the company’s stock worth $160,020,000 after buying an additional 1,062,340 shares in the last quarter. Global X Japan Co. Ltd. grew its holdings in Global X U.S. Preferred ETF by 0.3% during the 4th quarter. Global X Japan Co. Ltd. now owns 2,708,021 shares of the company’s stock worth $52,833,000 after acquiring an additional 8,523 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Global X U.S. Preferred ETF by 23.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock worth $28,608,000 after acquiring an additional 274,237 shares in the last quarter. Advisors Management Group Inc. ADV increased its position in Global X U.S. Preferred ETF by 3.7% during the 4th quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock valued at $20,357,000 after purchasing an additional 37,626 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at about $19,537,000.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock opened at $19.13 on Friday. The business has a fifty day moving average of $19.66 and a two-hundred day moving average of $20.09. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month 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.