JPMorgan Chase & Co. Purchases Shares of 43,328 Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

JPMorgan Chase & Co. bought a new position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,328 shares of the company’s stock, valued at approximately $1,042,000. JPMorgan Chase & Co. owned approximately 0.41% of Global X Variable Rate Preferred ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of PFFV. Rockefeller Capital Management L.P. boosted its holdings in shares of Global X Variable Rate Preferred ETF by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 56,436 shares of the company’s stock worth $1,357,000 after purchasing an additional 3,388 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in Global X Variable Rate Preferred ETF by 17.2% in the third quarter. CreativeOne Wealth LLC now owns 17,229 shares of the company’s stock worth $414,000 after buying an additional 2,523 shares in the last quarter. Acorn Wealth Advisors LLC raised its stake in shares of Global X Variable Rate Preferred ETF by 16.5% during the third quarter. Acorn Wealth Advisors LLC now owns 12,350 shares of the company’s stock worth $297,000 after acquiring an additional 1,752 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Global X Variable Rate Preferred ETF by 95.3% in the 3rd quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock worth $162,000 after acquiring an additional 3,280 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new stake in shares of Global X Variable Rate Preferred ETF in the 3rd quarter valued at $303,000.

Global X Variable Rate Preferred ETF Trading Down 0.1 %

Shares of NYSEARCA:PFFV opened at $23.99 on Friday. Global X Variable Rate Preferred ETF has a 52 week low of $22.92 and a 52 week high of $24.48. The company’s fifty day moving average is $23.92 and its 200 day moving average is $23.92.

About Global X Variable Rate Preferred ETF

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.