Global X U.S. Preferred ETF (NYSEARCA:PFFD) Sets New 12-Month Low – Here’s Why

Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $17.83 and last traded at $17.8050, with a volume of 32282 shares. The stock had previously closed at $17.91.

Global X U.S. Preferred ETF Trading Down 0.8%

The business’s 50 day moving average is $18.37 and its 200 day moving average is $18.63.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Plimoth Trust Co. LLC boosted its position in Global X U.S. Preferred ETF by 1.1% during the second quarter. Plimoth Trust Co. LLC now owns 70,279 shares of the company’s stock worth $1,314,000 after acquiring an additional 741 shares during the last quarter. Alteri Wealth LLC raised its holdings in Global X U.S. Preferred ETF by 1.5% in the 4th quarter. Alteri Wealth LLC now owns 53,454 shares of the company’s stock valued at $1,011,000 after acquiring an additional 774 shares during the last quarter. American Institute for Advanced Investment Management LLP raised its holdings in Global X U.S. Preferred ETF by 2.4% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 37,448 shares of the company’s stock valued at $689,000 after acquiring an additional 865 shares during the last quarter. Harbour Investments Inc. lifted its stake in Global X U.S. Preferred ETF by 17.2% in the 4th quarter. Harbour Investments Inc. now owns 6,682 shares of the company’s stock worth $126,000 after purchasing an additional 981 shares in the last quarter. Finally, MSH Capital Advisors LLC lifted its stake in Global X U.S. Preferred ETF by 4.1% in the 4th quarter. MSH Capital Advisors LLC now owns 28,927 shares of the company’s stock worth $547,000 after purchasing an additional 1,136 shares in the last quarter.

About Global X U.S. Preferred ETF

(Get 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.

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