Prevail Innovative Wealth Advisors LLC Makes New Investment in VanEck Preferred Securities ex Financials ETF $PFXF

Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 79,064 shares of the company’s stock, valued at approximately $1,396,000. Prevail Innovative Wealth Advisors LLC owned 0.07% of VanEck Preferred Securities ex Financials ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PFXF. Apella Capital LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter worth about $4,496,000. Blair William & Co. IL grew its position in VanEck Preferred Securities ex Financials ETF by 8,489.4% in the 3rd quarter. Blair William & Co. IL now owns 171,788 shares of the company’s stock worth $3,053,000 after purchasing an additional 169,788 shares during the last quarter. Envestnet Asset Management Inc. grew its position in VanEck Preferred Securities ex Financials ETF by 8.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 541,207 shares of the company’s stock worth $9,617,000 after purchasing an additional 40,853 shares during the last quarter. Mezzasalma Advisors LLC increased its stake in shares of VanEck Preferred Securities ex Financials ETF by 840.6% in the fourth quarter. Mezzasalma Advisors LLC now owns 110,614 shares of the company’s stock valued at $1,978,000 after purchasing an additional 98,854 shares during the period. Finally, Capital Square LLC bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the third quarter valued at approximately $952,000.

VanEck Preferred Securities ex Financials ETF Trading Up 0.1%

Shares of NYSEARCA PFXF opened at $18.43 on Friday. VanEck Preferred Securities ex Financials ETF has a 12-month low of $16.61 and a 12-month high of $18.95. The company has a market cap of $2.31 billion, a PE ratio of 0.59 and a beta of 0.62. The stock has a 50 day simple moving average of $18.12 and a 200-day simple moving average of $18.02.

About VanEck Preferred Securities ex Financials ETF

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.