Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Shares Down 0.5% – Should You Sell?

Global X SuperIncome Preferred ETF (NYSEARCA:SPFFGet Free Report)’s stock price dropped 0.5% during trading on Thursday . The stock traded as low as $9.35 and last traded at $9.37. Approximately 45,106 shares changed hands during trading, a decline of 11% from the average session volume of 50,643 shares. The stock had previously closed at $9.42.

Global X SuperIncome Preferred ETF Stock Performance

The stock’s 50 day moving average price is $9.47 and its 200 day moving average price is $9.34.

Institutional Trading of Global X SuperIncome Preferred ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in Global X SuperIncome Preferred ETF by 45.8% during the first quarter. Jane Street Group LLC now owns 98,465 shares of the company’s stock valued at $883,000 after purchasing an additional 30,922 shares during the last quarter. Sei Investments Co. increased its position in shares of Global X SuperIncome Preferred ETF by 20.6% during the 2nd quarter. Sei Investments Co. now owns 24,180 shares of the company’s stock worth $217,000 after purchasing an additional 4,123 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Global X SuperIncome Preferred ETF by 7.6% during the 2nd quarter. Raymond James Financial Inc. now owns 85,999 shares of the company’s stock worth $771,000 after purchasing an additional 6,060 shares in the last quarter. UBS Group AG raised its stake in shares of Global X SuperIncome Preferred ETF by 1.1% during the 3rd quarter. UBS Group AG now owns 168,282 shares of the company’s stock worth $1,555,000 after purchasing an additional 1,883 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Global X SuperIncome Preferred ETF in the 3rd quarter valued at approximately $136,000.

About Global X SuperIncome Preferred ETF

(Get Free Report)

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.

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