Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Sets New 12-Month High at $21.42

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) reached a new 52-week high during trading on Wednesday . The stock traded as high as $21.42 and last traded at $21.34, with a volume of 230317 shares traded. The stock had previously closed at $21.22.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

The business has a 50 day moving average price of $20.98 and a 200 day moving average price of $20.85.

Institutional Trading of Virtus InfraCap U.S. Preferred Stock ETF

A hedge fund recently raised its stake in Virtus InfraCap U.S. Preferred Stock ETF stock. Janney Montgomery Scott LLC lifted its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) by 70.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,101 shares of the company’s stock after acquiring an additional 49,285 shares during the quarter. Janney Montgomery Scott LLC owned 0.27% of Virtus InfraCap U.S. Preferred Stock ETF worth $2,495,000 as of its most recent filing with the Securities and Exchange Commission.

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.