Acorn Wealth Advisors LLC Has $301,000 Stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Acorn Wealth Advisors LLC boosted its stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,786 shares of the company’s stock after purchasing an additional 436 shares during the period. Acorn Wealth Advisors LLC owned about 0.12% of Global X Variable Rate Preferred ETF worth $301,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PFFV. Private Trust Co. NA grew its position in shares of Global X Variable Rate Preferred ETF by 95.3% in the 3rd quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock valued at $162,000 after buying an additional 3,280 shares during the last quarter. Howard Wealth Management LLC acquired a new position in shares of Global X Variable Rate Preferred ETF in the fourth quarter worth approximately $225,000. PUREfi Wealth LLC bought a new stake in Global X Variable Rate Preferred ETF in the fourth quarter valued at approximately $249,000. International Assets Investment Management LLC bought a new stake in Global X Variable Rate Preferred ETF in the fourth quarter valued at approximately $284,000. Finally, Segall Bryant & Hamill LLC bought a new position in Global X Variable Rate Preferred ETF during the 3rd quarter worth approximately $303,000.

Global X Variable Rate Preferred ETF Stock Performance

Shares of NYSEARCA PFFV opened at $24.03 on Tuesday. The company’s 50 day moving average price is $23.85 and its 200-day moving average price is $23.96. Global X Variable Rate Preferred ETF has a 52-week low of $22.92 and a 52-week high of $24.48.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.