Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Get Free Report) saw unusually-strong trading volume on Friday . 379,103 shares were traded during mid-day trading, an increase of 53% from the previous session’s volume of 248,430 shares.The stock last traded at $18.84 and had previously closed at $18.83.
Principal Spectrum Preferred Securities Active ETF Stock Performance
The company has a 50 day moving average of $18.93 and a 200-day moving average of $18.98.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Rothschild Investment LLC bought a new stake in Principal Spectrum Preferred Securities Active ETF during the fourth quarter valued at approximately $29,000. Evelyn Partners Asset Management Ltd bought a new position in shares of Principal Spectrum Preferred Securities Active ETF in the 4th quarter worth $29,000. Steward Partners Investment Advisory LLC increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 126.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,035 shares of the company’s stock worth $58,000 after buying an additional 1,695 shares during the last quarter. Boreal Capital Management LLC purchased a new stake in shares of Principal Spectrum Preferred Securities Active ETF during the 1st quarter valued at $163,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Principal Spectrum Preferred Securities Active ETF during the 4th quarter valued at $197,000.
About Principal Spectrum Preferred Securities Active ETF
The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.
See Also
- Five stocks we like better than Principal Spectrum Preferred Securities Active ETF
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Receive News & Ratings for Principal Spectrum Preferred Securities Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Spectrum Preferred Securities Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
