NTV Asset Management LLC Sells 9,801 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

NTV Asset Management LLC reduced its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 122,349 shares of the company’s stock after selling 9,801 shares during the period. NTV Asset Management LLC owned 0.17% of VanEck Preferred Securities ex Financials ETF worth $2,102,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PFXF. NBC Securities Inc. acquired a new stake in VanEck Preferred Securities ex Financials ETF in the third quarter worth $25,000. Global Retirement Partners LLC acquired a new position in VanEck Preferred Securities ex Financials ETF in the fourth quarter valued at about $26,000. WealthShield Partners LLC bought 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 shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter worth about $45,000. Finally, Howe & Rusling Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 4th quarter valued at about $51,000.

VanEck Preferred Securities ex Financials ETF Trading Up 1.0 %

Shares of PFXF stock traded up $0.18 during trading hours on Friday, hitting $17.39. 444,505 shares of the company were exchanged, compared to its average volume of 535,948. The business has a 50 day moving average of $17.49 and a two-hundred day moving average of $17.15. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.58 and a 52 week high of $18.07. The company has a market capitalization of $1.62 billion, a PE ratio of 0.59 and a beta of 0.51.

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.