Mirae Asset Global Investments Co. Ltd. Purchases 16,850 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Mirae Asset Global Investments Co. Ltd. raised its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 38.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,850 shares of the company’s stock after buying an additional 16,850 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.07% of VanEck Preferred Securities ex Financials ETF worth $1,049,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Acorn Wealth Advisors LLC lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 20.2% during the third quarter. Acorn Wealth Advisors LLC now owns 15,995 shares of the company’s stock worth $292,000 after acquiring an additional 2,685 shares in the last quarter. Marshall Financial Group LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF during the 3rd quarter worth about $1,141,000. Chicago Partners Investment Group LLC boosted its stake in VanEck Preferred Securities ex Financials ETF by 2.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 98,845 shares of the company’s stock worth $1,791,000 after purchasing an additional 2,695 shares during the period. Apollon Wealth Management LLC grew its holdings in VanEck Preferred Securities ex Financials ETF by 65.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 76,714 shares of the company’s stock valued at $1,401,000 after buying an additional 30,348 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in 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 valued at $70,350,000 after buying an additional 3,851,978 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Up 0.1 %

Shares of VanEck Preferred Securities ex Financials ETF stock opened at $17.34 on Wednesday. The company’s 50-day moving average price is $17.52 and its 200-day moving average price is $17.77. VanEck Preferred Securities ex Financials ETF has a 12-month low of $16.77 and a 12-month high of $18.45. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51.

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.