Virtus InfraCap U.S. Preferred Stock ETF (PFFA)

Virtus InfraCap U.S. Preferred Stock ETF is trading at $21.02, down 0.17% on the session. The 50 day average sits at $20.89 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 63.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $20.93 with resistance near $21.46, so that band frames the current range. Average daily movement is roughly $0.16, or about 0.7% of the share price, which is what any stop placement has to allow for. The overall health score of 69 out of 100 combines a trend score of 52, momentum of 77 and a risk score of 84.

Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. preferred stock, and in derivatives and other instruments that have economic characteristics similar to such investments. The Sub-Adviser actively manages the fund's assets pursuant to a variety of quantitative, qualitative and relative valuation factors. The fund is non-diversified.