Mirae Asset Global Investments Co. Ltd. bought a new stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 27,000 shares of the company’s stock, valued at approximately $511,000.
A number of other hedge funds have also made changes to their positions in PFFD. Smartleaf Asset Management LLC purchased a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $102,000. Geneos Wealth Management Inc. raised its stake in shares of Global X U.S. Preferred ETF by 117.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock valued at $104,000 after acquiring an additional 2,974 shares during the period. Qube Research & Technologies Ltd raised its stake in shares of Global X U.S. Preferred ETF by 40.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock valued at $158,000 after acquiring an additional 2,415 shares during the period. Cerity Partners LLC purchased a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $193,000. Finally, Insigneo Advisory Services LLC purchased a new position in shares of Global X U.S. Preferred ETF in the 3rd quarter valued at $194,000.
Global X U.S. Preferred ETF Stock Up 0.3%
Global X U.S. Preferred ETF stock opened at $19.12 on Friday. Global X U.S. Preferred ETF has a 12-month low of $18.22 and a 12-month high of $19.89. The firm’s fifty day moving average price is $18.86 and its 200 day moving average price is $19.07.
About Global X U.S. Preferred ETF
The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.
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