Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sets New 52-Week Low – Here’s What Happened

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA – Get Free Report)’s share price reached a new 52-week low during trading on Monday. The stock traded as low as $18.77 and last traded at $18.8840, with a volume of 1,008,092 shares. The stock had previously closed at $18.78.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

The firm’s 50 day moving average price is $20.22 and its 200-day moving average price is $20.82.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

Large investors have recently bought and sold shares of the stock. Adams Asset Advisors LLC purchased a new position in Virtus InfraCap U.S. Preferred Stock ETF during the 3rd quarter valued at about $5,645,000. Sunbelt Securities Inc. raised its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 177.3% in the 1st quarter. Sunbelt Securities Inc. now owns 56,816 shares of the company’s stock valued at $1,157,000 after purchasing an additional 36,328 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 31.0% during the first quarter. Bank of New York Mellon Corp now owns 32,974 shares of the company’s stock valued at $671,000 after purchasing an additional 7,805 shares during the last quarter. NFSG Corp grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 6.5% in the 3rd quarter. NFSG Corp now owns 110,905 shares of the company’s stock worth $2,190,000 after purchasing an additional 6,760 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 11.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 29,442 shares of the company’s stock valued at $581,000 after buying an additional 3,086 shares during the period.

About Virtus InfraCap U.S. Preferred Stock ETF

(Get Free Report)

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. PFFA was launched on May 15, 2018 and is managed by Virtus.

Further Reading

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