Jane Street Group LLC Reduces Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Jane Street Group LLC cut its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 51.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,066 shares of the company’s stock after selling 17,278 shares during the quarter. Jane Street Group LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $293,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Atria Investments Inc lifted its holdings in VanEck Preferred Securities ex Financials ETF by 1.8% in the 3rd quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock worth $1,026,000 after buying an additional 971 shares during the period. Private Trust Co. NA lifted its holdings in VanEck Preferred Securities ex Financials ETF by 15.0% in the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after buying an additional 1,112 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at approximately $29,000. Cadent Capital Advisors LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 2.0% in the 3rd quarter. Cadent Capital Advisors LLC now owns 86,079 shares of the company’s stock valued at $1,572,000 after purchasing an additional 1,655 shares during the period. Finally, Acorn Wealth Advisors LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 20.2% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 15,995 shares of the company’s stock valued at $292,000 after purchasing an additional 2,685 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Down 1.1 %

PFXF opened at $17.08 on Friday. The stock has a market cap of $1.59 billion, a PE ratio of 0.59 and a beta of 0.51. The business has a 50 day moving average of $17.78 and a 200-day moving average of $17.75. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.77 and a 52 week high of $18.45.

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.