Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) Sees Unusually-High Trading Volume

Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREFGet Rating) shares saw unusually-strong trading volume on Friday . Approximately 445,310 shares were traded during trading, an increase of 60% from the previous session’s volume of 277,703 shares.The stock last traded at $16.53 and had previously closed at $16.58.

Principal Spectrum Preferred Securities Active ETF Price Performance

The firm’s 50 day moving average price is $16.71.

Principal Spectrum Preferred Securities Active ETF Company Profile

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The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.

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