Leslie Global Wealth LLC Raises Position in Global X Variable Rate Preferred ETF $PFFV

Leslie Global Wealth LLC grew its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 164,364 shares of the company’s stock after acquiring an additional 10,153 shares during the quarter. Global X Variable Rate Preferred ETF accounts for approximately 2.0% of Leslie Global Wealth LLC’s holdings, making the stock its 12th largest holding. Leslie Global Wealth LLC owned 1.21% of Global X Variable Rate Preferred ETF worth $3,747,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Princeton Global Asset Management LLC grew its position in Global X Variable Rate Preferred ETF by 1.0% during the 2nd quarter. Princeton Global Asset Management LLC now owns 94,638 shares of the company’s stock worth $2,158,000 after purchasing an additional 915 shares during the last quarter. Joseph P. Lucia & Associates LLC grew its holdings in shares of Global X Variable Rate Preferred ETF by 8.5% during the first quarter. Joseph P. Lucia & Associates LLC now owns 13,319 shares of the company’s stock valued at $315,000 after buying an additional 1,042 shares during the last quarter. West Michigan Advisors LLC grew its holdings in shares of Global X Variable Rate Preferred ETF by 4.7% during the first quarter. West Michigan Advisors LLC now owns 24,965 shares of the company’s stock valued at $591,000 after buying an additional 1,111 shares during the last quarter. IFP Advisors Inc acquired a new position in shares of Global X Variable Rate Preferred ETF in the 2nd quarter valued at $29,000. Finally, Ameritas Advisory Services LLC purchased a new position in Global X Variable Rate Preferred ETF in the 2nd quarter worth $41,000.

Global X Variable Rate Preferred ETF Price Performance

Shares of PFFV stock opened at $22.58 on Friday. Global X Variable Rate Preferred ETF has a fifty-two week low of $22.25 and a fifty-two week high of $24.43. The stock’s 50-day simple moving average is $22.90 and its 200-day simple moving average is $22.99.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.