Lewis Asset Management LLC Acquires 1,177 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Lewis Asset Management LLC raised its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 8.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 15,678 shares of the company’s stock after acquiring an additional 1,177 shares during the period. Lewis Asset Management LLC’s holdings in Global X U.S. Preferred ETF were worth $326,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Full Sail Capital LLC boosted its holdings in Global X U.S. Preferred ETF by 7.9% in the second quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after acquiring an additional 77,267 shares during the last quarter. Appleton Partners Inc. MA lifted its position in shares of Global X U.S. Preferred ETF by 1.4% in the 3rd quarter. Appleton Partners Inc. MA now owns 207,967 shares of the company’s stock worth $4,322,000 after purchasing an additional 2,898 shares during the period. Intrepid Financial Planning Group LLC boosted its stake in shares of Global X U.S. Preferred ETF by 2.5% in the 2nd quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock valued at $583,000 after purchasing an additional 735 shares during the last quarter. Blue Trust Inc. increased its position in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after buying an additional 2,229 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Global X U.S. Preferred ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock worth $23,223,000 after buying an additional 128,462 shares during the last quarter.

Global X U.S. Preferred ETF Stock Up 0.5 %

Shares of PFFD opened at $20.56 on Friday. The firm’s fifty day simple moving average is $20.66 and its two-hundred day simple moving average is $20.05. Global X U.S. Preferred ETF has a 12 month low of $18.29 and a 12 month high of $21.08.

About Global X U.S. Preferred ETF

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.