Jane Street Group LLC Raises Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Jane Street Group LLC increased its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 146.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,594 shares of the company’s stock after purchasing an additional 52,658 shares during the quarter. Jane Street Group LLC owned 0.07% of Global X U.S. Preferred ETF worth $1,728,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. boosted its holdings in Global X U.S. Preferred ETF by 2.8% in the fourth quarter. Trilogy Capital Inc. now owns 18,109 shares of the company’s stock worth $353,000 after purchasing an additional 501 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Global X U.S. Preferred ETF by 2.2% during the 4th quarter. Corient Private Wealth LLC now owns 28,689 shares of the company’s stock valued at $560,000 after acquiring an additional 624 shares during the period. Scotia Capital Inc. grew its position in shares of Global X U.S. Preferred ETF by 6.2% during the 4th quarter. Scotia Capital Inc. now owns 12,590 shares of the company’s stock valued at $246,000 after acquiring an additional 730 shares during the period. Freestone Capital Holdings LLC grew its position in shares of Global X U.S. Preferred ETF by 7.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 11,634 shares of the company’s stock valued at $227,000 after acquiring an additional 833 shares during the period. Finally, Financial Advocates Investment Management grew its position in shares of Global X U.S. Preferred ETF by 4.3% during the 4th quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock valued at $445,000 after acquiring an additional 938 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD stock opened at $18.89 on Friday. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $21.08. The firm has a fifty day moving average price of $18.79 and a 200-day moving average price of $19.53.

Global X U.S. Preferred ETF Company Profile

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.