Cetera Investment Advisers Acquires 5,762 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Cetera Investment Advisers raised its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,233 shares of the company’s stock after purchasing an additional 5,762 shares during the period. Cetera Investment Advisers owned 0.08% of VanEck Preferred Securities ex Financials ETF worth $1,395,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new position in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at approximately $42,967,000. MML Investors Services LLC raised its position in VanEck Preferred Securities ex Financials ETF by 12.4% during the 4th quarter. MML Investors Services LLC now owns 1,069,869 shares of the company’s stock valued at $18,455,000 after purchasing an additional 117,978 shares during the last quarter. Envestnet Asset Management Inc. raised its position in VanEck Preferred Securities ex Financials ETF by 5.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 579,369 shares of the company’s stock valued at $9,710,000 after purchasing an additional 28,975 shares during the last quarter. Carmel Capital Partners LLC raised its position in VanEck Preferred Securities ex Financials ETF by 7.3% during the 1st quarter. Carmel Capital Partners LLC now owns 459,395 shares of the company’s stock valued at $7,699,000 after purchasing an additional 31,156 shares during the last quarter. Finally, Stifel Financial Corp raised its position in VanEck Preferred Securities ex Financials ETF by 9.3% during the 4th quarter. Stifel Financial Corp now owns 347,703 shares of the company’s stock valued at $5,998,000 after purchasing an additional 29,641 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF opened at $17.55 on Monday. The business has a 50 day simple moving average of $17.26 and a two-hundred day simple moving average of $16.97. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a one year low of $15.28 and a one year high of $18.45.

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.