MassMutual Private Wealth & Trust FSB Has $415,000 Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

MassMutual Private Wealth & Trust FSB raised its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,065 shares of the company’s stock after purchasing an additional 1,641 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in VanEck Preferred Securities ex Financials ETF were worth $415,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of PFXF. Atria Investments Inc raised its position in VanEck Preferred Securities ex Financials ETF by 1.8% during the third quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock valued at $1,026,000 after buying an additional 971 shares during the period. Private Trust Co. NA boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after purchasing an additional 1,112 shares during the period. Darwin Wealth Management LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the third quarter valued at approximately $29,000. Cadent Capital Advisors LLC increased its stake in VanEck Preferred Securities ex Financials ETF by 2.0% in the 3rd quarter. Cadent Capital Advisors LLC now owns 86,079 shares of the company’s stock valued at $1,572,000 after buying an additional 1,655 shares during the period. Finally, Sax Wealth Advisors LLC lifted its position in VanEck Preferred Securities ex Financials ETF by 1.0% in the 4th quarter. Sax Wealth Advisors LLC now owns 191,396 shares of the company’s stock worth $3,302,000 after buying an additional 1,837 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Down 0.5 %

NYSEARCA PFXF opened at $17.52 on Thursday. The company has a market capitalization of $1.63 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 $16.77 and a 1-year high of $18.45. The firm’s fifty day simple moving average is $17.67 and its 200-day simple moving average is $17.76.

About VanEck Preferred Securities ex Financials ETF

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.