B. Riley Wealth Advisors Inc. Has $1.16 Million Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

B. Riley Wealth Advisors Inc. lifted its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 40.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 63,215 shares of the company’s stock after purchasing an additional 18,065 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $1,155,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth $29,000. MeadowBrook Investment Advisors LLC increased its stake in shares of VanEck Preferred Securities ex Financials ETF by 11,741.3% in the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock worth $136,000 after purchasing an additional 7,397 shares during the period. Private Trust Co. NA lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after buying an additional 1,112 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 3rd quarter worth about $201,000. Finally, Drucker Wealth 3.0 LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF during the 2nd quarter worth approximately $219,000.

VanEck Preferred Securities ex Financials ETF Trading Down 0.2 %

Shares of NYSEARCA PFXF opened at $17.83 on Wednesday. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a one year low of $16.77 and a one year high of $18.45. The business has a fifty day simple moving average of $18.05 and a 200 day simple moving average of $17.76.

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.