Janney Montgomery Scott LLC Raises Holdings in InfraCap REIT Preferred ETF $PFFR

Janney Montgomery Scott LLC lifted its position in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 101.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 90,350 shares of the company’s stock after purchasing an additional 45,510 shares during the period. Janney Montgomery Scott LLC’s holdings in InfraCap REIT Preferred ETF were worth $1,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

InfraCap REIT Preferred ETF Stock Performance

Shares of PFFR opened at $17.75 on Friday. The business has a 50-day simple moving average of $17.67 and a two-hundred day simple moving average of $17.82. InfraCap REIT Preferred ETF has a 52 week low of $17.05 and a 52 week high of $19.27.

InfraCap REIT Preferred ETF Profile

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.