FF Advisors LLC Increases Holdings in Global X U.S. Preferred ETF $PFFD

FF Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 31.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 120,569 shares of the company’s stock after buying an additional 28,956 shares during the period. Global X U.S. Preferred ETF comprises approximately 1.0% of FF Advisors LLC’s holdings, making the stock its 25th largest position. FF Advisors LLC owned approximately 0.10% of Global X U.S. Preferred ETF worth $2,280,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Carnegie Investment Counsel bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $7,464,000. JPMorgan Chase & Co. grew its position in shares of Global X U.S. Preferred ETF by 200.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 107,691 shares of the company’s stock valued at $2,092,000 after acquiring an additional 71,884 shares during the period. Collective Family Office LLC grew its position in shares of Global X U.S. Preferred ETF by 21.4% during the 4th quarter. Collective Family Office LLC now owns 607,376 shares of the company’s stock valued at $11,485,000 after acquiring an additional 106,896 shares during the period. WealthPlan Investment Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $2,285,000. Finally, Naples Global Advisors LLC grew its position in shares of Global X U.S. Preferred ETF by 5.5% during the 4th quarter. Naples Global Advisors LLC now owns 535,866 shares of the company’s stock valued at $10,185,000 after acquiring an additional 28,144 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD stock opened at $18.82 on Friday. Global X U.S. Preferred ETF has a 1 year low of $18.22 and a 1 year high of $19.89. The firm has a fifty day moving average price of $18.87 and a 200-day moving average price of $19.01.

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.