HighTower Advisors LLC Has $670,000 Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

HighTower Advisors LLC cut its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 16.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,664 shares of the company’s stock after selling 7,242 shares during the quarter. HighTower Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $670,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 550,282.6% during the 3rd quarter. International Assets Investment Management LLC now owns 3,852,678 shares of the company’s stock worth $70,350,000 after acquiring an additional 3,851,978 shares in the last quarter. Comprehensive Wealth Management LLC lifted its stake in VanEck Preferred Securities ex Financials ETF by 32.6% during the third quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock worth $41,104,000 after purchasing an additional 553,529 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 4.0% in the 2nd quarter. LPL Financial LLC now owns 2,024,278 shares of the company’s stock valued at $35,020,000 after purchasing an additional 77,212 shares in the last quarter. RS Crum Inc. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 3.3% during the 3rd quarter. RS Crum Inc. now owns 1,348,174 shares of the company’s stock worth $24,618,000 after buying an additional 43,325 shares in the last quarter. Finally, Tanager Wealth Management LLP lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 7.9% during the 3rd quarter. Tanager Wealth Management LLP now owns 1,263,749 shares of the company’s stock worth $23,076,000 after buying an additional 92,448 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Down 0.2 %

NYSEARCA:PFXF opened at $17.58 on Friday. The stock’s 50-day simple moving average is $18.02 and its 200 day simple moving average is $17.75. The firm has a market capitalization of $1.63 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a twelve month low of $16.77 and a twelve month high of $18.45.

VanEck Preferred Securities ex Financials ETF 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.