Massmutual Trust Co. FSB ADV Grows Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Massmutual Trust Co. FSB ADV boosted its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,240 shares of the company’s stock after purchasing an additional 761 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in VanEck Preferred Securities ex Financials ETF were worth $411,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in VanEck Preferred Securities ex Financials ETF by 84.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 758,522 shares of the company’s stock worth $12,751,000 after purchasing an additional 346,324 shares in the last quarter. Carmel Capital Partners LLC purchased a new position in shares of VanEck Preferred Securities ex Financials ETF during the 4th quarter worth $3,221,000. Truist Financial Corp boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 1,153.7% during the 4th quarter. Truist Financial Corp now owns 143,549 shares of the company’s stock valued at $2,466,000 after acquiring an additional 132,099 shares during the last quarter. RS Crum Inc. increased its position in VanEck Preferred Securities ex Financials ETF by 11.6% during the fourth quarter. RS Crum Inc. now owns 1,263,901 shares of the company’s stock worth $21,714,000 after purchasing an additional 131,789 shares during the last quarter. Finally, Raymond James & Associates raised its stake in 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 worth $9,068,000 after purchasing an additional 81,743 shares during the period.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA PFXF opened at $17.25 on Friday. The company has a market capitalization of $1.60 billion, a P/E ratio of 0.59 and a beta of 0.51. The company has a 50 day simple moving average of $17.32 and a 200-day simple moving average of $17.41. VanEck Preferred Securities ex Financials ETF has a 1 year low of $15.58 and a 1 year high of $18.07.

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.