Joseph P. Lucia & Associates LLC Has $1.76 Million Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Joseph P. Lucia & Associates LLC decreased its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,814 shares of the company’s stock after selling 3,183 shares during the period. Joseph P. Lucia & Associates LLC owned about 0.11% of VanEck Preferred Securities ex Financials ETF worth $1,756,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Planning acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the second quarter worth approximately $974,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 29.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 404,782 shares of the company’s stock valued at $7,003,000 after purchasing an additional 93,192 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $781,000. Truist Financial Corp raised its position in shares of VanEck Preferred Securities ex Financials ETF by 5.8% during the second quarter. Truist Financial Corp now owns 151,671 shares of the company’s stock worth $2,624,000 after purchasing an additional 8,247 shares during the period. Finally, Ariadne Wealth Management LP bought a new stake in VanEck Preferred Securities ex Financials ETF during the 2nd quarter valued at $497,000.

VanEck Preferred Securities ex Financials ETF Price Performance

NYSEARCA PFXF opened at $17.69 on Tuesday. The company has a fifty day moving average price of $17.64 and a 200-day moving average price of $17.77. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.77 and a 1 year high of $18.45. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51.

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.