Cambridge Investment Research Advisors Inc. Sells 6,817 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cambridge Investment Research Advisors Inc. trimmed its position in Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) by 8.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 73,777 shares of the company’s stock after selling 6,817 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Global X U.S. Preferred ETF were worth $1,431,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. increased its stake in shares of Global X U.S. Preferred ETF by 1,449.5% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after buying an additional 1,493 shares during the period. GPS Wealth Strategies Group LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $35,000. Simplex Trading LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $71,000. Finally, Family Asset Management LLC bought a new position in shares of Global X U.S. Preferred ETF in the 4th quarter worth $148,000.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA:PFFD opened at $19.74 on Friday. Global X U.S. Preferred ETF has a 12-month low of $17.37 and a 12-month high of $20.43. The stock’s fifty day simple moving average is $19.63 and its 200-day simple moving average is $19.68.

Global X U.S. Preferred ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report).

Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

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