Stifel Financial Corp cut its position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Free Report) by 57.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,526 shares of the company’s stock after selling 17,028 shares during the period. Stifel Financial Corp’s holdings in Global X Variable Rate Preferred ETF were worth $301,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Leslie Global Wealth LLC increased its position in shares of Global X Variable Rate Preferred ETF by 6.6% in the 3rd quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock valued at $4,858,000 after buying an additional 12,559 shares in the last quarter. Creative Planning grew its stake in Global X Variable Rate Preferred ETF by 31.1% in the third quarter. Creative Planning now owns 171,806 shares of the company’s stock valued at $4,132,000 after acquiring an additional 40,717 shares during the period. Investment Partners Asset Management Inc. increased its holdings in shares of Global X Variable Rate Preferred ETF by 5.1% in the third quarter. Investment Partners Asset Management Inc. now owns 152,293 shares of the company’s stock worth $3,663,000 after acquiring an additional 7,332 shares in the last quarter. Princeton Global Asset Management LLC raised its position in shares of Global X Variable Rate Preferred ETF by 1.5% during the third quarter. Princeton Global Asset Management LLC now owns 87,747 shares of the company’s stock worth $2,110,000 after purchasing an additional 1,333 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Global X Variable Rate Preferred ETF during the 2nd quarter valued at about $1,749,000.
Global X Variable Rate Preferred ETF Trading Down 0.3 %
Shares of PFFV opened at $23.73 on Friday. The stock has a 50 day simple moving average of $24.07 and a 200 day simple moving average of $23.90. Global X Variable Rate Preferred ETF has a 52-week low of $22.92 and a 52-week high of $24.48.
Global X Variable Rate Preferred ETF Company Profile
(Free Report)
The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.
Further Reading
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