Hyposwiss Advisors SA Takes $931,000 Position in VanEck Preferred Securities ex Financials ETF $PFXF

Hyposwiss Advisors SA purchased a new stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 52,710 shares of the company’s stock, valued at approximately $931,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PFXF. Qube Research & Technologies Ltd lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 56.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 4,111 shares of the company’s stock valued at $70,000 after purchasing an additional 1,491 shares during the period. NewEdge Advisors LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 5.0% in the 2nd quarter. NewEdge Advisors LLC now owns 48,239 shares of the company’s stock valued at $826,000 after purchasing an additional 2,315 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $61,000. MML Investors Services LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 4.9% in the 2nd quarter. MML Investors Services LLC now owns 1,187,758 shares of the company’s stock valued at $20,334,000 after purchasing an additional 55,727 shares during the period. Finally, Captrust Financial Advisors acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $688,000.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA:PFXF opened at $18.41 on Thursday. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62. The business’s 50-day moving average is $18.47 and its 200-day moving average is $18.17. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.76 and a 1 year high of $19.07.

About VanEck Preferred Securities ex Financials ETF

The VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index comprised of USD denominated preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded. PFXF was launched on Jul 16, 2012 and is managed by VanEck.