NTV Asset Management LLC Sells 9,801 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

NTV Asset Management LLC cut its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.4% in the 4th quarter, HoldingsChannel reports. The firm owned 122,349 shares of the company’s stock after selling 9,801 shares during the period. NTV Asset Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $2,102,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of PFXF. NBC Securities Inc. bought a new stake in VanEck Preferred Securities ex Financials ETF during the third quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $26,000. WealthShield Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF during the third quarter valued at approximately $41,000. McGlone Suttner Wealth Management Inc. bought a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $45,000. Finally, Howe & Rusling Inc. bought a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter worth approximately $51,000.

VanEck Preferred Securities ex Financials ETF Trading Up 1.0 %

Shares of PFXF traded up $0.18 during mid-day trading on Friday, reaching $17.39. The company’s stock had a trading volume of 444,505 shares, compared to its average volume of 535,948. The stock has a market cap of $1.62 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.58 and a 52 week high of $18.07. The company’s fifty day moving average price is $17.49 and its two-hundred day moving average price is $17.15.

VanEck Preferred Securities ex Financials ETF 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.