Procyon Advisors LLC Sells 2,036 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Procyon Advisors LLC lessened its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,386 shares of the company’s stock after selling 2,036 shares during the period. Procyon Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $438,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in PFXF. International Assets Investment Management LLC increased its stake in shares of VanEck Preferred Securities ex Financials ETF by 550,282.6% during the 3rd quarter. International Assets Investment Management LLC now owns 3,852,678 shares of the company’s stock worth $70,350,000 after purchasing an additional 3,851,978 shares during the last quarter. Comprehensive Wealth Management LLC increased its position in VanEck Preferred Securities ex Financials ETF by 32.6% in the third quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock worth $41,104,000 after buying an additional 553,529 shares during the last quarter. RS Crum Inc. increased its position in VanEck Preferred Securities ex Financials ETF by 3.3% in the third quarter. RS Crum Inc. now owns 1,348,174 shares of the company’s stock worth $24,618,000 after buying an additional 43,325 shares during the last quarter. Tanager Wealth Management LLP raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 7.9% in the third quarter. Tanager Wealth Management LLP now owns 1,263,749 shares of the company’s stock valued at $23,076,000 after buying an additional 92,448 shares during the period. Finally, MML Investors Services LLC lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 19.7% during the 3rd quarter. MML Investors Services LLC now owns 951,891 shares of the company’s stock valued at $17,382,000 after buying an additional 156,434 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF opened at $17.44 on Friday. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.45. The business has a 50-day moving average of $17.69 and a 200 day moving average of $17.76. The firm has a market cap of $1.62 billion, a P/E ratio of 0.59 and a beta of 0.51.

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.