Mezzasalma Advisors LLC Sells 154,308 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Mezzasalma Advisors LLC lessened its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 50.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,911 shares of the company’s stock after selling 154,308 shares during the quarter. Mezzasalma Advisors LLC owned about 0.11% of VanEck Preferred Securities ex Financials ETF worth $2,609,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Gill Capital Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $50,000. Rossmore Private Capital acquired a new position in VanEck Preferred Securities ex Financials ETF during the 1st quarter worth approximately $70,000. Integrated Wealth Concepts LLC acquired a new position in VanEck Preferred Securities ex Financials ETF during the 2nd quarter worth approximately $122,000. Western Wealth Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the first quarter worth approximately $159,000. Finally, Carson Advisory Inc. bought a new position in VanEck Preferred Securities ex Financials ETF in the first quarter worth approximately $179,000.

VanEck Preferred Securities ex Financials ETF Stock Down 1.8%

NYSEARCA:PFXF traded down $0.32 on Wednesday, hitting $17.23. The stock had a trading volume of 913,809 shares, compared to its average volume of 763,158. VanEck Preferred Securities ex Financials ETF has a 52 week low of $17.03 and a 52 week high of $19.07. The business’s fifty day moving average is $17.81 and its 200 day moving average is $18.02. The company has a market cap of $2.29 billion, a PE ratio of 0.59 and a beta of 0.64.

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.