Ausdal Financial Partners Inc. Reduces Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Ausdal Financial Partners Inc. lessened its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 91,046 shares of the company’s stock after selling 2,650 shares during the period. Ausdal Financial Partners Inc. owned approximately 0.10% of VanEck Preferred Securities ex Financials ETF worth $1,571,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Decker Retirement Planning Inc. purchased a new position in shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $42,000. Private Trust Co. NA boosted its holdings in VanEck Preferred Securities ex Financials ETF by 15.0% during the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after acquiring an additional 1,112 shares during the period. IFP Advisors Inc grew its position in VanEck Preferred Securities ex Financials ETF by 29.1% in the 4th quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after acquiring an additional 2,210 shares during the last quarter. Avantax Advisory Services Inc. purchased a new stake in VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $175,000. Finally, Meridian Financial Partners LLC bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter worth $196,000.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF stock opened at $17.02 on Thursday. The company has a market capitalization of $1.88 billion, a PE ratio of 0.59 and a beta of 0.70. The firm’s 50-day moving average is $17.28 and its 200 day moving average is $17.71. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.72 and a 12 month high of $18.45.

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.