Janney Montgomery Scott LLC Has $982,000 Position in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA)

Janney Montgomery Scott LLC raised its stake in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 10.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,819 shares of the company’s stock after acquiring an additional 4,193 shares during the period. Janney Montgomery Scott LLC owned approximately 0.10% of Virtus InfraCap U.S. Preferred Stock ETF worth $982,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. AlphaMark Advisors LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 8.9% in the third quarter. AlphaMark Advisors LLC now owns 5,410 shares of the company’s stock valued at $124,000 after acquiring an additional 441 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF in the 3rd quarter valued at $25,000. Hudson Valley Investment Advisors Inc. ADV bought a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF in the 3rd quarter valued at $274,000. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF during the 4th quarter worth $563,000.

Virtus InfraCap U.S. Preferred Stock ETF Price Performance

Shares of NYSEARCA:PFFA opened at $22.11 on Thursday. Virtus InfraCap U.S. Preferred Stock ETF has a one year low of $20.10 and a one year high of $23.24. The firm has a 50 day simple moving average of $22.20 and a 200 day simple moving average of $22.26.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.