Focus Financial Network Inc. Has $1.34 Million Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Focus Financial Network Inc. lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,235 shares of the company’s stock after buying an additional 1,959 shares during the period. Focus Financial Network Inc.’s holdings in Global X U.S. Preferred ETF were worth $1,335,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC boosted its position in Global X U.S. Preferred ETF by 1.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 73,663 shares of the company’s stock worth $1,485,000 after acquiring an additional 1,366 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Global X U.S. Preferred ETF by 195.7% during the first quarter. Private Advisor Group LLC now owns 169,857 shares of the company’s stock worth $3,424,000 after purchasing an additional 112,407 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X U.S. Preferred ETF by 7.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 400,828 shares of the company’s stock worth $7,792,000 after purchasing an additional 26,371 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Global X U.S. Preferred ETF by 1,038.4% in the 1st quarter. BNP Paribas Financial Markets now owns 492,734 shares of the company’s stock valued at $9,934,000 after buying an additional 449,450 shares during the last quarter. Finally, GSB Wealth Management LLC lifted its position in Global X U.S. Preferred ETF by 53.7% during the 1st quarter. GSB Wealth Management LLC now owns 205,368 shares of the company’s stock worth $4,140,000 after buying an additional 71,772 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock opened at $20.36 on Friday. The firm has a 50-day moving average of $20.64 and a 200-day moving average of $20.02. Global X U.S. Preferred ETF has a one year low of $18.15 and a one year high of $21.08.

About Global X U.S. Preferred ETF

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.