VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Sold by Sheets Smith Wealth Management

Sheets Smith Wealth Management lowered its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 4.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 93,007 shares of the company’s stock after selling 4,142 shares during the quarter. Sheets Smith Wealth Management owned about 0.13% of VanEck Preferred Securities ex Financials ETF worth $1,598,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in VanEck Preferred Securities ex Financials ETF during the third quarter valued at $25,000. Global Retirement Partners LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter valued at about $26,000. WealthShield Partners LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the third quarter worth about $41,000. McGlone Suttner Wealth Management Inc. acquired a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $45,000. Finally, Howe & Rusling Inc. purchased a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $51,000.

VanEck Preferred Securities ex Financials ETF Trading Up 1.0 %

VanEck Preferred Securities ex Financials ETF stock traded up $0.18 during mid-day trading on Friday, hitting $17.39. The company had a trading volume of 444,505 shares, compared to its average volume of 535,948. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.58 and a 12-month high of $18.07. The company’s fifty day moving average is $17.49 and its 200-day moving average is $17.17.

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.