Global X U.S. Preferred ETF (NYSEARCA:PFFD) Reaches New 12-Month High at $20.45

Global X U.S. Preferred ETF (NYSEARCA:PFFD) shares reached a new 52-week high on Monday . The stock traded as high as $20.45 and last traded at $20.39, with a volume of 391456 shares traded. The stock had previously closed at $20.30.

Global X U.S. Preferred ETF Trading Up 0.3 %

The stock has a fifty day moving average of $19.96 and a two-hundred day moving average of $19.84.

Institutional Trading of Global X U.S. Preferred ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $25,000. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth about $35,000. New Millennium Group LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at approximately $51,000. First Horizon Advisors Inc. boosted its stake in Global X U.S. Preferred ETF by 32.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock worth $53,000 after acquiring an additional 650 shares during the last quarter. Finally, Simplex Trading LLC acquired a new position in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $71,000.

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.