Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $19.04 and last traded at $19.07, with a volume of 853829 shares changing hands. The stock had previously closed at $19.13.
Global X U.S. Preferred ETF Trading Down 0.4 %
The business has a 50-day moving average of $19.66 and a two-hundred day moving average of $20.09.
Hedge Funds Weigh In On Global X U.S. Preferred ETF
A number of hedge funds have recently modified their holdings of the business. LPL Financial LLC raised its stake in Global X U.S. Preferred ETF by 14.9% during the fourth quarter. LPL Financial LLC now owns 8,201,933 shares of the company’s stock worth $160,020,000 after buying an additional 1,062,340 shares during the last quarter. Bank of America Corp DE raised its position in shares of Global X U.S. Preferred ETF by 15.0% in the 4th quarter. Bank of America Corp DE now owns 6,177,018 shares of the company’s stock worth $120,514,000 after acquiring an additional 804,185 shares in the last quarter. Global X Japan Co. Ltd. lifted its stake in shares of Global X U.S. Preferred ETF by 0.3% in the 4th quarter. Global X Japan Co. Ltd. now owns 2,708,021 shares of the company’s stock valued at $52,833,000 after purchasing an additional 8,523 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position in shares of Global X U.S. Preferred ETF by 23.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock valued at $28,608,000 after purchasing an additional 274,237 shares in the last quarter. Finally, Full Sail Capital LLC boosted its position in shares of Global X U.S. Preferred ETF by 26.6% during the 4th quarter. Full Sail Capital LLC now owns 1,368,171 shares of the company’s stock valued at $26,693,000 after purchasing an additional 287,175 shares in the last quarter.
About Global X U.S. Preferred ETF
The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.
Further Reading
- Five stocks we like better than Global X U.S. Preferred ETF
- What does consumer price index measure?
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- Technology Stocks Explained: Here’s What to Know About Tech
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
