Concurrent Investment Advisors LLC Purchases 51,548 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Concurrent Investment Advisors LLC lifted its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 29.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 225,874 shares of the company’s stock after buying an additional 51,548 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $4,124,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Register Financial Advisors LLC grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 6.5% during the second quarter. Register Financial Advisors LLC now owns 10,114 shares of the company’s stock worth $175,000 after buying an additional 614 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in VanEck Preferred Securities ex Financials ETF by 3.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 19,044 shares of the company’s stock valued at $337,000 after purchasing an additional 620 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,809 shares of the company’s stock worth $209,000 after buying an additional 682 shares during the last quarter. Midland Wealth Advisors LLC boosted 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 acquiring an additional 780 shares during the period. Finally, Etesian Wealth Advisors Inc. boosted its stake in VanEck Preferred Securities ex Financials ETF by 3.8% in the 2nd 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 Stock Performance

PFXF stock opened at $18.02 on Thursday. The company’s 50-day simple moving average is $18.12 and its 200 day simple moving average is $17.62. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.18 and a 52 week high of $18.45. The company has a market capitalization of $1.67 billion, a PE ratio of 0.59 and a beta of 0.51.

VanEck Preferred Securities ex Financials ETF Company 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.