Apollon Wealth Management LLC Has $878,000 Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Apollon Wealth Management LLC increased its position in Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) by 23.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,233 shares of the company’s stock after buying an additional 8,647 shares during the period. Apollon Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $878,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Financial Gravity Asset Management Inc. raised its position in shares of Global X U.S. Preferred ETF by 1,449.5% in the third quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after purchasing an additional 1,493 shares during the period. GPS Wealth Strategies Group LLC bought a new position in Global X U.S. Preferred ETF in the fourth quarter worth $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at about $35,000. Venturi Wealth Management LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 3rd quarter valued at approximately $54,000. Finally, Simplex Trading LLC bought a new stake in Global X U.S. Preferred ETF in the fourth quarter valued at $71,000.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD stock opened at $19.52 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 firm has a 50-day moving average price of $19.84 and a 200 day moving average price of $19.48.

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.

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

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