Hudson Valley Investment Advisors Inc. ADV Invests $274,000 in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA)

Hudson Valley Investment Advisors Inc. ADV acquired a new position in Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,000 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its stake in Virtus InfraCap U.S. Preferred Stock ETF by 70.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 119,101 shares of the company’s stock valued at $2,495,000 after acquiring an additional 49,285 shares in the last quarter. AlphaMark Advisors LLC increased its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 8.9% during the third quarter. AlphaMark Advisors LLC now owns 5,410 shares of the company’s stock valued at $124,000 after purchasing an additional 441 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF during the third quarter valued at about $25,000.

Virtus InfraCap U.S. Preferred Stock ETF Trading Down 0.4 %

Shares of PFFA opened at $22.49 on Friday. The firm has a 50-day moving average price of $22.56 and a 200 day moving average price of $21.61. Virtus InfraCap U.S. Preferred Stock ETF has a 52-week low of $18.02 and a 52-week high of $23.24.

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.