PREF Stock Summary and Trading Ideas (Principal Spectrum Preferred Securities Active ETF | BATS:PREF)

The Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. The Fund concentrates its investments (invests more than 25% of its net assets) in securities in the financial services (i.e., banking, insurance and commercial finance) industry.

Principal Spectrum Preferred Securities Active ETF trades on the BATS stock market under the symbol PREF.

As of March 27, 2025, PREF stock price declined to $18.72 with 145,730 million shares trading.

PREF has a beta of 0.13, meaning it tends to be less sensitive to market movements. PREF has a correlation of 0.37 to the broad based SPY ETF.

PREF has a market cap of $1.15 billion. This is considered a Small Cap stock.

In the last 3 years, PREF traded as high as $19.05 and as low as $15.19.

PREF has underperformed the market in the last year with a price return of +7.4% while the SPY ETF gained +10.7%. However, in the short term, PREF had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.3% vs -5.4% return in SPY. But in the last 2 weeks, PREF shares have been beat by the market, returning +0.5% compared to an SPY return of +1.8%.

PREF support price is $18.69 and resistance is $18.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PREF shares will trade within this expected range on the day.