Prospect Financial Services LLC Takes Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Prospect Financial Services LLC purchased a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 56,445 shares of the company’s stock, valued at approximately $1,101,000.

Several other large investors have also modified their holdings of PFFD. Farther Finance Advisors LLC raised its holdings in shares of Global X U.S. Preferred ETF by 3,623.2% during the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after buying an additional 2,029 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after acquiring an additional 2,229 shares during the period. Endeavor Private Wealth Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at approximately $91,000. Future Financial Wealth Managment LLC acquired a new position in shares of Global X U.S. Preferred ETF during the third quarter valued at approximately $131,000. Finally, Jacobsen Capital Management acquired a new position in shares of Global X U.S. Preferred ETF during the third quarter valued at approximately $203,000.

Global X U.S. Preferred ETF Trading Up 0.8 %

NYSEARCA PFFD opened at $20.15 on Tuesday. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The company’s 50 day simple moving average is $19.93 and its 200 day simple moving average is $20.21.

Global X U.S. Preferred ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report).

Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

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