Global X U.S. Preferred ETF (NYSEARCA:PFFD) Reaches New 1-Year Low – Here’s What Happened

Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report)’s share price reached a new 52-week low on Wednesday. The stock traded as low as $17.31 and last traded at $17.47, with a volume of 1,295,376 shares trading hands. The stock had previously closed at $17.36.

Global X U.S. Preferred ETF Stock Up 0.6%

The business has a fifty day moving average of $18.11 and a 200-day moving average of $18.52.

Institutional Investors Weigh In On Global X U.S. Preferred ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PFFD. Markowski Investments bought a new position in Global X U.S. Preferred ETF during the 2nd quarter worth about $30,000. Compass Financial Management LLC purchased a new position in Global X U.S. Preferred ETF during the 2nd quarter valued at about $36,000. Continuum Advisory LLC purchased a new position in Global X U.S. Preferred ETF during the 2nd quarter valued at about $36,000. Root Financial Partners LLC purchased a new position in Global X U.S. Preferred ETF during the 1st quarter valued at about $44,000. Finally, AG Campbell Advisory LLC purchased a new position in Global X U.S. Preferred ETF during the 4th quarter valued at about $50,000.

About Global X U.S. Preferred ETF

(Get Free Report)

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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