Prospera Financial Services Inc Decreases Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Prospera Financial Services Inc reduced its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 12.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,494 shares of the company’s stock after selling 7,297 shares during the period. Prospera Financial Services Inc owned about 0.06% of VanEck Preferred Securities ex Financials ETF worth $977,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Creekside Partners purchased a new stake in VanEck Preferred Securities ex Financials ETF in the second quarter valued at $232,000. Northwestern Mutual Wealth Management Co. lifted its position in VanEck Preferred Securities ex Financials ETF by 29.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 404,782 shares of the company’s stock valued at $7,003,000 after acquiring an additional 93,192 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in VanEck Preferred Securities ex Financials ETF by 5.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,254,471 shares of the company’s stock valued at $21,702,000 after acquiring an additional 65,109 shares during the last quarter. Park Avenue Securities LLC lifted its position in VanEck Preferred Securities ex Financials ETF by 8.1% in the third quarter. Park Avenue Securities LLC now owns 417,114 shares of the company’s stock valued at $7,616,000 after acquiring an additional 31,165 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in VanEck Preferred Securities ex Financials ETF by 4.7% in the third quarter. Sound Income Strategies LLC now owns 292,588 shares of the company’s stock valued at $5,343,000 after acquiring an additional 13,139 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of PFXF opened at $18.02 on Friday. The stock has a market cap of $1.67 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 1-year low of $16.62 and a 1-year high of $18.45. The firm has a fifty day moving average price of $18.17 and a 200 day moving average price of $17.69.

VanEck Preferred Securities ex Financials ETF Company Profile

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.