Acorn Wealth Advisors LLC Has $292,000 Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Acorn Wealth Advisors LLC raised its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 20.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,995 shares of the company’s stock after purchasing an additional 2,685 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in PFXF. Register Financial Advisors LLC raised its holdings in VanEck Preferred Securities ex Financials ETF by 6.5% in the 2nd quarter. Register Financial Advisors LLC now owns 10,114 shares of the company’s stock valued at $175,000 after buying an additional 614 shares during the last quarter. Midland Wealth Advisors LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 1.5% during the second quarter. Midland Wealth Advisors LLC now owns 52,704 shares of the company’s stock worth $912,000 after purchasing an additional 780 shares during the period. Atria Investments Inc lifted its holdings in shares of 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 worth $1,026,000 after purchasing an additional 971 shares during the period. Private Trust Co. NA grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 15.0% in 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 last quarter. Finally, Etesian Wealth Advisors Inc. increased its holdings in VanEck Preferred Securities ex Financials ETF by 3.8% in the second quarter. Etesian Wealth Advisors Inc. now owns 41,524 shares of the company’s stock valued at $718,000 after purchasing an additional 1,506 shares during the period.

VanEck Preferred Securities ex Financials ETF Trading Up 0.4 %

Shares of PFXF opened at $18.09 on Tuesday. The company has a market capitalization of $1.68 billion, a PE ratio of 0.59 and a beta of 0.51. The stock’s 50-day moving average price is $18.17 and its two-hundred day moving average price is $17.70. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.66 and a 12 month high of $18.45.

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.