Sumitomo Mitsui Trust Holdings Inc. Has $4.19 Million Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Sumitomo Mitsui Trust Holdings Inc. lowered its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 243,783 shares of the company’s stock after selling 986 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $4,188,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of PFXF. RS Crum Inc. increased its position in shares of VanEck Preferred Securities ex Financials ETF by 389.1% in the third quarter. RS Crum Inc. now owns 1,132,112 shares of the company’s stock valued at $19,031,000 after acquiring an additional 900,627 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in VanEck Preferred Securities ex Financials ETF by 44.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,195,864 shares of the company’s stock worth $20,102,000 after purchasing an additional 365,180 shares during the period. Envestnet Asset Management Inc. grew its holdings in VanEck Preferred Securities ex Financials ETF by 84.0% during the third quarter. Envestnet Asset Management Inc. now owns 758,522 shares of the company’s stock worth $12,751,000 after purchasing an additional 346,324 shares during the period. Raymond James & Associates grew its holdings in VanEck Preferred Securities ex Financials ETF by 231.8% during the third quarter. Raymond James & Associates now owns 446,074 shares of the company’s stock worth $7,499,000 after purchasing an additional 311,634 shares during the period. Finally, Tanager Wealth Management LLP grew its holdings in VanEck Preferred Securities ex Financials ETF by 11.5% during the third quarter. Tanager Wealth Management LLP now owns 955,170 shares of the company’s stock worth $16,056,000 after purchasing an additional 98,697 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

VanEck Preferred Securities ex Financials ETF stock opened at $17.18 on Wednesday. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.58 and a 52 week high of $18.07. The stock has a market capitalization of $1.59 billion, a P/E ratio of 0.59 and a beta of 0.51. The stock has a 50-day simple moving average of $17.55 and a 200 day simple moving average of $17.11.

VanEck Preferred Securities ex Financials ETF Company 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.