Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sets New 12-Month High at $22.37

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $22.37 and last traded at $22.29, with a volume of 7320 shares trading hands. The stock had previously closed at $22.22.

Virtus InfraCap U.S. Preferred Stock ETF Stock Down 0.2 %

The firm’s fifty day moving average is $21.58 and its 200 day moving average is $21.16.

Institutional Trading of Virtus InfraCap U.S. Preferred Stock ETF

An institutional investor recently raised its stake in Virtus InfraCap U.S. Preferred Stock ETF stock. Tradition Wealth Management LLC raised its position in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,533 shares of the company’s stock after buying an additional 1,033 shares during the period. 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 reporting period.

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.