Drucker Wealth 3.0 LLC Takes Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Drucker Wealth 3.0 LLC bought a new stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,631 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FinTrust Capital Advisors LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the first quarter valued at about $44,000. Register Financial Advisors LLC increased its holdings in VanEck Preferred Securities ex Financials ETF by 691.7% during the first quarter. Register Financial Advisors LLC now owns 9,500 shares of the company’s stock worth $168,000 after buying an additional 8,300 shares during the last quarter. Burke & Herbert Bank & Trust Co. purchased a new stake in VanEck Preferred Securities ex Financials ETF during the second quarter worth about $185,000. Avantax Advisory Services Inc. increased its holdings in VanEck Preferred Securities ex Financials ETF by 6.1% during the first quarter. Avantax Advisory Services Inc. now owns 11,809 shares of the company’s stock worth $209,000 after buying an additional 682 shares during the last quarter. Finally, Fisher Asset Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $226,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

NYSEARCA PFXF opened at $18.37 on Friday. VanEck Preferred Securities ex Financials ETF has a 52-week low of $15.58 and a 52-week high of $18.43. The company has a 50-day simple moving average of $17.63 and a 200 day simple moving average of $17.49. The company has a market capitalization of $1.71 billion, a PE ratio of 0.59 and a beta of 0.51.

About VanEck Preferred Securities ex Financials ETF

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.