FF Advisors LLC Has $1.61 Million Stock Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

FF Advisors LLC decreased its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,527 shares of the company’s stock after selling 1,674 shares during the period. Global X U.S. Preferred ETF comprises approximately 1.1% of FF Advisors LLC’s holdings, making the stock its 28th largest holding. FF Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $1,610,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. increased its position in shares of Global X U.S. Preferred ETF by 23.0% during the fourth 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 during the period. Advisors Management Group Inc. ADV boosted its stake in Global X U.S. Preferred ETF by 3.7% during the fourth quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock worth $20,357,000 after buying an additional 37,626 shares in the last quarter. Park Avenue Securities LLC increased its holdings in Global X U.S. Preferred ETF by 23.3% in the 4th quarter. Park Avenue Securities LLC now owns 379,002 shares of the company’s stock valued at $7,394,000 after buying an additional 71,742 shares during the period. Breakwater Capital Group raised its stake in shares of Global X U.S. Preferred ETF by 15.9% in the 4th quarter. Breakwater Capital Group now owns 14,216 shares of the company’s stock valued at $277,000 after buying an additional 1,946 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Global X U.S. Preferred ETF by 55.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,067 shares of the company’s stock valued at $874,000 after buying an additional 15,004 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.1 %

Shares of Global X U.S. Preferred ETF stock opened at $19.72 on Friday. The firm’s 50-day simple moving average is $20.00 and its 200-day simple moving average is $20.19. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08.

Global X U.S. Preferred ETF Company Profile

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.