Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Shares Up 0.3% – Here’s Why

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) shares were up 0.3% during mid-day trading on Tuesday . The stock traded as high as $21.66 and last traded at $21.63. Approximately 577,799 shares changed hands during trading, a decline of 1% from the average daily volume of 582,923 shares. The stock had previously closed at $21.56.

Virtus InfraCap U.S. Preferred Stock ETF Stock Up 0.3%

The stock has a fifty day moving average of $21.54 and a 200 day moving average of $21.43.

Hedge Funds Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

Several institutional investors have recently bought and sold shares of the stock. AdvisorNet Financial Inc grew its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 34.6% during the third quarter. AdvisorNet Financial Inc now owns 215,553 shares of the company’s stock valued at $4,680,000 after purchasing an additional 55,398 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 34,786.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,028 shares of the company’s stock valued at $1,151,000 after buying an additional 52,876 shares in the last quarter. Future Financial Wealth Managment LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 22.7% in the 2nd quarter. Future Financial Wealth Managment LLC now owns 152,691 shares of the company’s stock worth $3,181,000 after acquiring an additional 28,267 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF during the 2nd quarter worth approximately $234,000. Finally, NewEdge Advisors LLC boosted its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 115.5% during the 3rd quarter. NewEdge Advisors LLC now owns 17,881 shares of the company’s stock valued at $388,000 after acquiring an additional 9,584 shares during the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

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.