Apollon Wealth Management LLC Sells 32,978 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Apollon Wealth Management LLC lessened its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 66.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,936 shares of the company’s stock after selling 32,978 shares during the quarter. Apollon Wealth Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $301,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Roman Butler Fullerton & Co. lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.6% during the 2nd quarter. Roman Butler Fullerton & Co. now owns 25,614 shares of the company’s stock valued at $448,000 after purchasing an additional 650 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in VanEck Preferred Securities ex Financials ETF by 0.7% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 106,784 shares of the company’s stock worth $1,872,000 after buying an additional 774 shares during the period. Simplex Trading LLC lifted its stake in VanEck Preferred Securities ex Financials ETF by 97.2% in the second quarter. Simplex Trading LLC now owns 1,597 shares of the company’s stock valued at $27,000 after buying an additional 787 shares in the last quarter. Comerica Bank boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 5.0% in the first quarter. Comerica Bank now owns 17,061 shares of the company’s stock valued at $286,000 after buying an additional 817 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 0.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 278,173 shares of the company’s stock worth $4,762,000 after acquiring an additional 946 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Up 1.3%

Shares of NYSEARCA:PFXF opened at $17.89 on Monday. The firm has a market cap of $2.02 billion, a price-to-earnings ratio of 0.59 and a beta of 0.60. VanEck Preferred Securities ex Financials ETF has a 12 month low of $15.28 and a 12 month high of $18.11. The company’s fifty day simple moving average is $17.65 and its 200 day simple moving average is $17.65.

VanEck Preferred Securities ex Financials ETF 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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.