Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA – Get Free Report)’s share price reached a new 52-week low during trading on Monday. The stock traded as low as $18.77 and last traded at $18.8840, with a volume of 1,008,092 shares changing hands. The stock had previously closed at $18.78.
Virtus InfraCap U.S. Preferred Stock ETF Trading Up 0.8%
The stock’s 50-day moving average price is $20.22 and its 200 day moving average price is $20.82.
Hedge Funds Weigh In On Virtus InfraCap U.S. Preferred Stock ETF
A number of institutional investors have recently added to or reduced their stakes in PFFA. Adams Asset Advisors LLC acquired a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF in the third quarter valued at $5,645,000. Sunbelt Securities Inc. grew its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 177.3% during the 1st quarter. Sunbelt Securities Inc. now owns 56,816 shares of the company’s stock worth $1,157,000 after purchasing an additional 36,328 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 31.0% in the 1st quarter. Bank of New York Mellon Corp now owns 32,974 shares of the company’s stock valued at $671,000 after buying an additional 7,805 shares during the period. NFSG Corp lifted its stake in Virtus InfraCap U.S. Preferred Stock ETF by 6.5% during the third quarter. NFSG Corp now owns 110,905 shares of the company’s stock worth $2,190,000 after purchasing an additional 6,760 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 11.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 29,442 shares of the company’s stock worth $581,000 after buying an additional 3,086 shares during the last quarter.
Virtus InfraCap U.S. Preferred Stock ETF Company Profile
The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal. PFFA was launched on May 15, 2018 and is managed by Virtus.
Recommended Stories
- Five stocks we like better than Virtus InfraCap U.S. Preferred Stock ETF
- Not All Tech Is Getting Crushed: 5 Names Holding Up Through the AI Sell-Off
- Actively Managed ETFs Are Giving In to the Price War—To the Benefit of Investors
- Valero’s Windfall Quarter Meets Washington’s Push for Cheaper Diesel
- 4 Small-Cap Stocks With Paths to Recovery After the Fed’s September Rate Hike
Receive News & Ratings for Virtus InfraCap U.S. Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus InfraCap U.S. Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.
