VanEck Preferred Securities ex Financials ETF Price & Performance (PFXF)

Jefferies has initiated coverage of Hudson Pacific Properties' preferred stock (HPP.PRC) with a Hold recommendation. Institutional ownership trends show mixed signals, with some funds increasing their holdings significantly while others reduced positions. Notably, Virtus InfraCap U.S. Preferred Stock ETF boosted its allocation to HPP.PRC by over 248% last quarter.1

Jones Financial Companies has reduced its stake in VanEck Biotech ETF by 4%, now holding 2,617 shares worth $411,000. Other institutional investors have also shown varied activity, with some acquiring new stakes in recent quarters. The ETF's stock price remains stable, trading near its 50-day moving average of $162.42.2

Analysts highlight mixed trading signals for the VanEck Preferred Securities Ex Financials ETF (PFXF). While resistance levels suggest potential short opportunities near $17.69, support levels around $17.22 indicate buy signals. These patterns reflect cautious market sentiment, with day trading and swing trading strategies being actively considered.3