Investors Research Corp Boosts Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Investors Research Corp lifted its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 15.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,394 shares of the company’s stock after purchasing an additional 22,978 shares during the quarter. Investors Research Corp owned 0.19% of VanEck Preferred Securities ex Financials ETF worth $3,043,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PFXF. Mirae Asset Global Investments Co. Ltd. boosted its holdings in VanEck Preferred Securities ex Financials ETF by 38.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 60,850 shares of the company’s stock valued at $1,049,000 after acquiring an additional 16,850 shares during the period. Strategic Financial Concepts LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at about $450,000. Truist Financial Corp boosted its holdings in VanEck Preferred Securities ex Financials ETF by 1.8% during the 4th quarter. Truist Financial Corp now owns 162,021 shares of the company’s stock valued at $2,795,000 after acquiring an additional 2,787 shares during the period. Acorn Wealth Advisors LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 20.2% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 15,995 shares of the company’s stock valued at $292,000 after acquiring an additional 2,685 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 102,335 shares of the company’s stock valued at $1,799,000 after acquiring an additional 2,616 shares during the period.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of PFXF stock opened at $16.90 on Monday. The business has a 50-day moving average of $17.35 and a 200 day moving average of $17.77. The stock has a market capitalization of $1.57 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 1-year low of $16.77 and a 1-year high of $18.45.

About VanEck Preferred Securities ex Financials ETF

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.