Kestra Advisory Services LLC Has $2.74 Million Stake in VanEck Preferred Securities ex Financials ETF $PFXF

Kestra Advisory Services LLC reduced its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 50.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 163,697 shares of the company’s stock after selling 166,250 shares during the period. Kestra Advisory Services LLC owned approximately 0.15% of VanEck Preferred Securities ex Financials ETF worth $2,744,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of VanEck Preferred Securities ex Financials ETF by 13.1% during the 1st quarter. LPL Financial LLC now owns 2,455,663 shares of the company’s stock valued at $41,157,000 after acquiring an additional 285,007 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 5.3% during the first quarter. Envestnet Asset Management Inc. now owns 579,369 shares of the company’s stock worth $9,710,000 after purchasing an additional 28,975 shares during the period. Carmel Capital Partners LLC increased its holdings in VanEck Preferred Securities ex Financials ETF by 7.3% in the first quarter. Carmel Capital Partners LLC now owns 459,395 shares of the company’s stock valued at $7,699,000 after purchasing an additional 31,156 shares during the last quarter. Level Four Advisory Services LLC increased its holdings in VanEck Preferred Securities ex Financials ETF by 4.6% in the first quarter. Level Four Advisory Services LLC now owns 393,825 shares of the company’s stock valued at $6,601,000 after purchasing an additional 17,457 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in VanEck Preferred Securities ex Financials ETF by 59.6% in the first quarter. Concurrent Investment Advisors LLC now owns 319,061 shares of the company’s stock valued at $5,347,000 after buying an additional 119,111 shares during the period.

VanEck Preferred Securities ex Financials ETF Trading Down 0.3%

Shares of PFXF opened at $17.81 on Friday. The stock has a market cap of $1.96 billion, a P/E ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 1 year low of $15.28 and a 1 year high of $18.45. The stock’s 50-day moving average price is $17.49 and its two-hundred day moving average price is $17.01.

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.