Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sees Unusually-High Trading Volume

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) shares saw an uptick in trading volume on Monday . 189,691 shares changed hands during trading, a decline of 30% from the previous session’s volume of 270,580 shares.The stock last traded at $20.87 and had previously closed at $21.38.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

The stock has a 50-day moving average price of $21.27 and a 200-day moving average price of $20.98.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

A hedge fund recently raised its stake in Virtus InfraCap U.S. Preferred Stock ETF stock. Tradition Wealth Management LLC boosted its holdings in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,533 shares of the company’s stock after purchasing an additional 1,033 shares during the quarter. Tradition Wealth Management LLC’s holdings in Virtus InfraCap U.S. Preferred Stock ETF were worth $260,000 at the end of the most recent quarter.

About Virtus InfraCap U.S. Preferred Stock ETF

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.