Arkadios Wealth Advisors Buys New Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Arkadios Wealth Advisors purchased a new position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 11,035 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. FinTrust Capital Advisors LLC bought a new position in VanEck Preferred Securities ex Financials ETF during the first quarter worth $44,000. Register Financial Advisors LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 6.5% in the 2nd quarter. Register Financial Advisors LLC now owns 10,114 shares of the company’s stock valued at $175,000 after purchasing an additional 614 shares during the period. Burke & Herbert Bank & Trust Co. acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $185,000. Avantax Advisory Services Inc. boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,809 shares of the company’s stock valued at $209,000 after purchasing an additional 682 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC acquired a new stake in VanEck Preferred Securities ex Financials ETF during the second quarter worth approximately $219,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF opened at $17.93 on Friday. The firm has a market cap of $1.67 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 52-week low of $15.73 and a 52-week high of $18.45. The business’s 50 day moving average price is $18.10 and its two-hundred day moving average price is $17.59.

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.