InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Trading 0.1% Higher – Here’s Why

InfraCap REIT Preferred ETF (NYSEARCA:PFFR)’s stock price traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as $18.22 and last traded at $18.11. 10,906 shares traded hands during trading, a decline of 66% from the average session volume of 31,938 shares. The stock had previously closed at $18.10.

InfraCap REIT Preferred ETF Stock Up 0.1%

The firm has a fifty day moving average price of $18.26 and a two-hundred day moving average price of $18.37.

Institutional Trading of InfraCap REIT Preferred ETF

An institutional investor recently raised its position in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC grew its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 11.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,947 shares of the company’s stock after purchasing an additional 3,716 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.70% of InfraCap REIT Preferred ETF worth $662,000 at the end of the most recent quarter.

InfraCap REIT Preferred ETF Company Profile

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.