Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Stake Reduced by Wells Fargo & Company MN

Wells Fargo & Company MN trimmed its holdings in Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) by 17.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 120,497 shares of the company’s stock after selling 26,144 shares during the period. Wells Fargo & Company MN’s holdings in Global X SuperIncome Preferred ETF were worth $1,116,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in Global X SuperIncome Preferred ETF during the 4th quarter valued at $687,000. Strategic Financial Concepts LLC acquired a new position in Global X SuperIncome Preferred ETF during the fourth quarter valued at $334,000. Whipplewood Advisors LLC purchased a new stake in Global X SuperIncome Preferred ETF in the 4th quarter worth about $225,000. Sound Income Strategies LLC boosted its position in Global X SuperIncome Preferred ETF by 3.5% during the 4th quarter. Sound Income Strategies LLC now owns 555,319 shares of the company’s stock worth $5,142,000 after acquiring an additional 18,799 shares during the period. Finally, Sei Investments Co. purchased a new position in Global X SuperIncome Preferred ETF during the 4th quarter valued at about $162,000.

Global X SuperIncome Preferred ETF Trading Up 0.1 %

Global X SuperIncome Preferred ETF stock opened at $8.81 on Wednesday. The firm’s 50 day moving average price is $8.89 and its two-hundred day moving average price is $9.30. Global X SuperIncome Preferred ETF has a twelve month low of $8.25 and a twelve month high of $9.88.

Global X SuperIncome Preferred ETF Profile

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.